Samsung slashes capex, calls an end to chip boom after record third quarter
https://www.reuters.com/article/us-samsung-elec-results/samsung-slashes-capex-calls-an-end-to-chip-boom-after-record-third-quarter-idUSKCN1N431G
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.
Samsung slashes capex, calls an end to chip boom after record third quarter
Oct 31, 2018, 3:17am UTC
https://www.reuters.com/article/us-samsung-elec-results/samsung-slashes-capex-calls-an-end-to-chip-boom-after-record-third-quarter-idUSKCN1N431G
>Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.