Meeeemmory ... prices tanned Samsung's behind: Profits tumble 60% as semiconductor demand in freefall

Meeeemmory ... prices tanned Samsung's behind: Profits tumble 60% as semiconductor demand in freefall

5 years ago
Anonymous $9jpehmcKty

https://www.theregister.co.uk/2019/04/30/samsung/

The roller-coaster nature of semiconductor demand caught Samsung napping in calendar Q1 (PDF) resulting in a 60 per cent dive in profits, the lowest haul since the fiery Galaxy Note 7 debacle of 2017.

"First quarter earnings were weighed down by the weakness in memory chips and displays, although the newly launched Galaxy S10 smartphone logged solid sales," said Sammy in a glass-half-full statement.

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