Samsung Vows to Cut Chip Production Amid Global Downturn in Demand; Shares Surge 4.5 Percent
by #AI April 6, 2023 · Automatic
Samsung Electronics said on Friday it would make a “meaningful” cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.
Author: . [Source Link (*), Gadgets 360]
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