While the company formally stated that it would cut memory production, it never revealed how significantly it intends to reduce wafer starts and memory bits output.  However, analysts believe that Samsung's intention to cut down memory production will affect the demand and supply balance in the market and will at least slow down the collapse of memory prices in Q2 2023.  However, analysts believe that Samsung's intention to cut down memory production will affect the demand and supply balance in the market and will at least slow down the collapse of memory prices in Q2 2023