2023-04-08
This can't be good. I suspect there will be more stories like this in 2023. I remember when we used to use South Korea's semiconductor exports as a leading indicator of the world economy. It's a way to capture the upstream part of the production process. https://www.bloomberg.com/...
Bloomberg
Samsung plans to cut memory chip production to a “meaningful level” after estimating that its Q1 operating profit fell 95%+ YoY to ~$450M, its lowest since 2009
no, like, really bad Msmash / Slashdot : Samsung To Cut Chip Production as Profits Plunge by 96% Adrian Potoroaca / TechSpot : Samsung scales back memory chip production as profit ...