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Samsung expected to report 80% profit plunge as losses mount at chip business (www.cnbc.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Samsung expected to report 80% profit plunge as losses mount at chip business::The semiconductor business — typically Samsung's cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.

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[–] Ghostalmedia@lemmy.world 9 points 1 year ago

Apple has also been seeing massive cool down in PC sales over 2023.

Their 2021-2022 sales numbers were primarily driven by the shift from Intel to Apple Silicon. People gobbled up those machines.