Samsung Electronics is heading for its lowest profit since the global financial crisis, if not longer.
Author: Sohee Kim
The memory chip industry is going through an historic decline in demand, with two of the worst quarterly drops on record at the end of last year.
In three decades at Samsung Electronics, Yang Hyang-ja helped shape the conglomerate’s present dominance in global memory chip making. Now she’s taking on a far broader challenge.
Samsung Electronics is warning that the semiconductor industry could be in for a rocky close to 2022.
The move translates into additional pressure on makers of smartphones, cars and game consoles to lift the prices consumers pay.
Samsung Electronics is making the biggest change to its smartphone strategy in years by reorganising around its big-selling Galaxy S and foldable Galaxy Z series of devices.
Epic Games CEO Tim Sweeney may be the most enthusiastic supporter of the metaverse after Mark Zuckerberg.