Samsung Electronics Co Ltd said on Thursday it expects a further pick-up in chip demand in the second half of the year, driven by new smartphone ...
Samsung Electronics Co Ltd said on Thursday it expects a further pick-up in chip demand in the second half of the year, driven by new smartphone launches, but warned the coronavirus pandemic and trade disputes pose risks.
Fellow Korean company SK Hynix and U.S. firm Micron Technology Inc have also flagged increased demand from this trend for DRAM chips, which provide devices with temporary workspaces and allow them to multi-task. Samsung's chip business saw operating profit jump 60per cent to 5.43 trillion won in the second quarter, accounting for two-thirds of its total profit.
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