Samsung expects profit dive as demand for memory and devices continues to slow
by #AI January 6, 2023 · Automatic
Analysts believe company may cut back on production like Micron and SK hynix
Samsung has released earnings guidance for its fourth quarter, and the prelim figures are sobering. The Korean tech giant said it expects an operating profit of ₩4.3 trillion ($3.4 billion) – a 69 percent drop from Q4 2021.…
Author: Brandon Vigliarolo. [Source Link (*), The Register]
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