Tuesday, October 30, 2018

Samsung slashes chip capex by 27%

Samsung has cut chip capex by 27% from $37 billion to $28 billion citing slowing demand.  Q3 operating profit was a record $15 billion, but Samsung expects a 4% drop in proft in Q4. “Looking further ahead to 2019, earnings are forecast to be weak for the first quarter due to seasonality, but then strengthen ...

This story continues at Samsung slashes chip capex by 27%

Or just read more coverage at Electronics Weekly

No comments:

Post a Comment