Samsung Expects Sharp Downturn in Chip Sales to Extend Into Next Year

3 weeks ago 96

PYEONGTAEK, South Korea— Samsung Electronics Co. sees the crisp downturn successful spot income extending into adjacent year, the latest enactment of pessimism for a semiconductor manufacture reeling from a melodramatic pullback successful income of PCs, smartphones and information servers.

“The 2nd fractional of this twelvemonth looks bad, and arsenic of now, adjacent twelvemonth doesn’t truly look to amusement a wide momentum for overmuch improvement,” said Kyung Kye-hyun, who heads Samsung’s semiconductors portion and serves arsenic the company’s co-CEO, astatine a Wednesday media briefing.

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