The semiconductor business — typically Samsung's cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.

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.

  • some_guy@lemmy.sdf.orgEnglish
    01·
    11 months ago

    You can see how this would happen. Everyone bought new computers to wfh during the pan. Now they’re holding on to devices that aren’t due for upgrades / replacement. Apple seems to be the only hardware company in the sector that isn’t hurt by this and that’s because they’re shipping new macs that are best-in-class to an audience that typically can afford (or will sacrifice to afford) nice upgrades.