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@ 2023/03/06Things can only get better
Samsung's memory chip division lost $2.3 billion US in the first two months of 2023.
According to the JoongAng Daily losses for the quarter will be considerable. An internal report estimated the company could take a hit as high as $3.04 billion for Q1 2023.
The rumours are based on an internal document which is circulating around Samsung and is surprising given that Samsung's memory chip foundry has not reported a loss since 2008. The company's semiconductor arm, which is turning a profit, likely won't offset the losses and Samsung is expected to lose $1.52 billion in its Device Solution (DS) business
Samsung's memory chip division lost $2.3 billion US in the first two months of 2023.
According to the JoongAng Daily losses for the quarter will be considerable. An internal report estimated the company could take a hit as high as $3.04 billion for Q1 2023.
The rumours are based on an internal document which is circulating around Samsung and is surprising given that Samsung's memory chip foundry has not reported a loss since 2008. The company's semiconductor arm, which is turning a profit, likely won't offset the losses and Samsung is expected to lose $1.52 billion in its Device Solution (DS) business
