Samsung Electronics remains optimistic despite decline in profits
TL;DR Summary
Despite a decline in net profits, Samsung remains optimistic about chip demand, citing strong demand for server and mobile chips. The company's net profits for the first quarter fell by 26% compared to last year, but it expects a recovery in the second half of the year. Samsung's upbeat outlook comes amid global chip shortages and increasing demand for semiconductors in various industries.
- Live news: Samsung optimistic on chip demand despite decline in net profits Financial Times
- Samsung Electronics' operating profit falls 34.57% in the fourth quarter, in line with guidance CNBC
- Samsung's Profit Falls Again on Uneven Chip Demand Recovery Yahoo Finance
- Samsung sees tech devices demand recovering in 2024 after record chip loss Reuters
- Samsung Posts Weakest Earnings in Over a Decade Despite Chip Recovery The Wall Street Journal
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