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Samsung cuts back chip production as profit slides

Por: Fox Business Tech April 08, 2023

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Check out what's clicking on FoxBusiness.com Samsung Electronics is cutting back on production of its computer memory chips in a move to reduce inventory as the tech giant reported another quarter of declining profit. The company is managing inventory, saying it has sufficient supplies of those chips to meet demand fluctuations. an operating profit of $455 million for the three months through March. That is a 96% profit decline from a year... + full article



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