Samsung Electronics Co Ltd reported a 95% plunge in first quarter profit on Thursday, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.. | April 26, 2023
Samsung Electronics Co Ltd flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported a record loss on Thursday, driven by weak demand for tech devices.
SEOUL (Reuters) -South Korea's SK Hynix Inc posted a 60% drop in third-quarter profit, missing estimates as red-hot inflation hurt demand for electron.
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean chipmaker SK Hynix Inc said on Wednesday the memory chip market is facing an "unprecedented deterioration", as its third-quarter profit tumbled 60% amid a surge
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix Inc warned on Wednesday of an "unprecedented deterioration" in memory chip demand, deepening fears of global recession, and said it would slash investment