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Sunday, October 1, 2023

Samsung likely to narrow chip losses in Q3 due to production cuts

Analyst Kim Dong-won at KB Securities forecast Samsung's Device Solutions (DS) division, which oversees its cash cow chip business, to make losses of around 4 trillion won ($2.96 billion) in the third quarter, lower than the 4.35 trillion won of the second quarter, reports Yonhap news agency.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/zu0G5B2

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