This is the first time such a decline has been recorded since 2008. Too many memory chips are linked, which has resulted in lower prices for them. Memory chips are essential components for the manufacture of smartphones, computers and servers.
However, Samsung plans to overcome this challenge by increasing its share of demand for artificial intelligence chips.
The company’s AI department needs high efficiency chips (HBM) and contract manufacturing of the chips. Meanwhile, Samsung’s mobile business expects operating profits of approximately $2.5 billion, thanks to marketing cuts and a slight decline in phone purchases.
Despite financial difficulties, Samsung is preparing for the Samsung Unpacked event, which is expected to introduce new devices, including the Z Flip 5 and Z Fold 5.
Source: Ferra
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