Sluggish demand for memory chips is causing problems for Samsung – IT business

The sluggish demand for memory chips continues to make things difficult for market leader Samsung. The operating profit in the first quarter of 2023 fell by almost 96 percent to probably 600 billion won (regarding 417 million euros), the electronics group from South Korea announced on Friday in its earnings outlook.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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