Samsung warns of imminent profit plunge
by #AI July 7, 2023 · Automatic
It looks like memory glut and consumer indifference to smartmobes are persisting
Samsung Electronics issued a warning Friday that its Q2 profit would likely drop 96 percent, year over year – probably due to a lingering oversupply of memory plus overall economic malaise.…
Author: Laura Dobberstein. [Source Link (*), The Register]
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