What Forced Samsung To Reduce Production of Memory Chips
What Forced Samsung To Reduce Production of Memory Chips
Staff
Mon, 04/10/2023 - 15:18
The operating revenues of the company slumped to 600 billion won in January to March from 14 trillion won the preceding year
The South Korean global electronics giant Samsung has now decided to reduce production of memory chips after the company witnessed a 96 percent decline in quarterly operating revenue. As the demand for memory chips dropped significantly after Covid and the slow pace of the international economy has spearheaded the slow sales, claims Samsung.
[original story: Circuit Digest]