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Samsung profit plunges in first drop since 2019 as chipmakers feel bite

Por: CNBC Tech October 07, 2022

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In this articleSamsung is facing headwinds from a global slump in deamand and prices for its memory chips, sales of which make up a large part of the South Korean technology giant's business.Olly Curtis Future Getty ImagesSamsung said Friday its operating profit likely plunged 32% in the third quarter of the year as weaker memory pricing and demand hit the technology giant.The South Korean firm said it expects operating profit to be between... + full article



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