Last year, when cotton prices hit an all-time high due to a global supplycrunch, manufacturers first raised prices, then used less cotton and more blended fabrics such as poly-cotton.
Weaker-than-expected off-peak season demand and a global supplycrunch of HDDs coupled with low demand for PC DRAM chips and the oversupply of mobile DRAM impacted profit margins, in which the memory portion saw its revenue slip to 4.89 trillion won.