Posted inNortheast Asia, South Korea

Samsung says chip demand recovering, but earnings weak

Samsung Electronics, which is suffering from sluggish memory chip demand, forecast that demand would gradually recover from the second quarter this year. However, the firm warned of weaker 2019 earnings with the poor performance of its memory chip business. Samsung Electronics, the world’s largest semiconductor and mobile phone manufacturer, reported 10.8 trillion won (US$9.7 billion) […]

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