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Samsung Electronics, the world's largest memory chipmaker, saw inventory held by its chipmaking division shot up 76.6 percent last year amid weak demand for chips around the globe, its annual report showed Tuesday. According to the report, its chipmaking unit's inventory reached 29.06 trillion won (US$22.3 billion) at the end of last year, up 12.6 trillion won from a year ago as demand for memory chips waned.
/PRNewswire/ -- The "Memory Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to...
/PRNewswire/ -- The "Memory Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to...
Profit slumped last quarter by the most in more than a decade as memory chip prices crashed. Samsung may have to rein in capital expenditure to conserve cash, Citigroup says.
Samsung Electronics decided to work together with Naver, the country's top internet company, in developing artificial intelligence (AI), they said Tuesday. The two companies' goal is to develop new semiconductor solutions that will lead to innovation in the emerging AI industry and further boost the country's AI capabilities to compete with global big tech firms.