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Samsung expected to post lowest quarterly profit in years due to memory chip 'market carnage'

Por: CNBC Tech January 06, 2023

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In this articleSamsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business.Josep Lago AFP Getty Images profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand.Analysts expect Samsung to report 7.18 trillion South Korean won ($5.64 billion) in operating profit in the December quarter, according to... + full article



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