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Artificial Intelligence could be the stabilizing factor the fluctuating memory chip market has been waiting for, with Samsung at the forefront of this shift.
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic do...
Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory
Samsung Electronics is set to release its fourth quarter performance report with its operating profit set to plunge to 5.9 trillion won.
SEOUL — Samsung Electronics Co Ltd's quarterly profit will likely plunge 58 per cent to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry. With consumers and businesses reducing spending and investment in the face of high inflation and climbing interest rates, smartphone makers and...