Samsung flags chip recovery, shrinking phone market amid coronavirus outbreak

Samsung flags chip recovery, shrinking phone market amid coronavirus outbreak

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-samsung-elec-shareholders/samsung-flags-chip-recovery-shrinking-phone-market-amid-coronavirus-outbreak-idUSKBN215050

Samsung Electronics Co Ltd said on Wednesday the coronavirus pandemic would hurt sales of smartphones and consumer electronics this year, while demand from data centers would fuel a recovery in memory chip markets.

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