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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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[–] CmdrShepard@lemmy.one 3 points 1 year ago

Did Samsung even get any of that money? You can shit on corporate subsidies all you want but these are good paying jobs for the folks who work at these plants here in the US.