Samsung announces 'meaningful' cut in chip production
Edited By WION Video Desk
Published: Apr 06, 2023, 20:25 IST | Updated: Apr 06, 2023, 20:25 IST
Due to a severe slump in the global semiconductor market, Samsung's quarterly operating profit fell by 96% to 455.5 million dollars, the lowest level in 14 years. The company plans to significantly reduce chip output.
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