Samsung to keep up chip investment, undeterred by 8-year-low profit

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South Korea's Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a decade.

Company flags organic chip production curbon Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a decade.

"Samsung might be seeing this time as a good opportunity to increase market share, which should help it in the long term, at the expense of SK Hynix and Micron," said analyst Choi Yoo-june at Shinhan Securities.

 

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Why buy a new phone when a used one will do. There's 50 billion 5g phones in the world already.

$AAPL saying demand is still strong while they blame lack of manufacturing in China. They missed earnings. No excuses. We will see if they will bullshit a 3rd earnings report

yep...expected

Could you please follow me on Twitter please I would be very excited please

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