Samsung cuts memory chip production as it hits worst quarterly profit since 2009
TechCrunch Industry News · TechCrunch
April 10, 20233m 23s
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Show Notes
Samsung Electronics plans to cut back memory chip production as its operating profit in the first quarter of 2023 is expected to plummet about 96% from the previous year. This will be the lowest profit posted by the South Korean tech giant since 1Q 2009.
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