Samsung Chip

Samsung Electronics said Friday it's cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit. The South Korean technology giant in a regulatory filing said it has been reducing the production of certain memory products by unspecified meaningful levels to optimize its manufacturing operations, adding it has sufficient supplies of those chips to meet demand fluctuations. The company predicted an operating profit of 600 billion won ($455 million) for the three months through March, which would be a 96% decline from the same period a year earlier. It said it sales during the quarter likely fell 19% to 63 trillion won ($47.7 billion). Samsung, which will release its finalized first quarter earnings later this month, said the demand for its memory chips declined as a weak global economy depressed consumer spending on technology products and forced business clients to adjust their inventories to nurse

Samsung has said its strategy historically has been to keep spending during downturns to increase its competitive position

Samsung forecast the global chip market to shrink 6 percent on-year to reach $563 billion this year, due to a sharp drop in demand

Samsung Electronics said on Wednesday it expects to invest 300 trillion won (USD 230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world's largest semiconductor manufacturing base near the capital, Seoul. The chip-making mega cluster, which will be established in Gyeonggi Province by 2042, will be anchored by five new semiconductor plants built by Samsung. It will aim to attract 150 other companies producing materials and components or designing high-tech chips, according to South Korea's Ministry of Trade, Industry and Energy. Samsung's new plants will be located near its existing domestic factories and will produce both computer memory chips used for storing data and higher-margin logic chips designed to perform a broader range of functions, the company said. A giant in the global memory business, Samsung is trying to expand its presence in advanced chips, anticipating that demand will soar in coming years with the adoption of

The share prices of Samsung and compatriot SK Hynix Inc fell 3 per cent and 2.2 per cent respectively on Tuesday

As $160 bn industry battles one of its worst routs, a look at the players who matter

It's been a swift descent from the industry's pandemic sales surge, which was fueled by shoppers outfitting home offices and snapping up computers, tablets and smartphones

Tech giant Samsung's mobile division (MX) will reportedly reveal its first in-house mobile chipset next month, during the launch of the Galaxy S23 series

The crisis in the memory chip market has been further exacerbated by US sanctions on some chip-related exports to China, hurting demand from some of Samsung's key clients

The tech giant is considering the expansion of its chip production in order to outperform its competitors and support the share price of the company once the market recovers

The company has formed an application processor (AP) solution development team within the business

Toggle DDR (Double Data Rate) is a NAND interface for high-performance applications which support data read and write operations

Samsung reported a 32% dive in operating income, while PC-processor chipmaker AMD said it will miss its earlier forecast by about $1 billion

Samsung Electronics is not considering a cut in production of its memory chips despite slowing demand amid concerns over a global economic recession, a senior company executive has said

Intel overtook Samsung in 2019 and remained at the top until 2020, before it was beaten by Samsung again last year

Samsung, the world's largest memory chip maker, said it has begun foundation work for yet another manufacturing line, P4, at its Pyeongtaek's mega 2.9 million-square-meter campus

Samsung said its first-generation of the 3nm process node achieves a 16 percent area reduction, 23 percent higher performance and a 45 percent lower power consumption

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Top tech companies turn to a Dutch firm for ultra-advanced machines to make chips. The machines use light beams to make narrow circuits on chips - which are now the backbone of the world economy

With tech firms venturing into the 'metaverse' and a spike in demand for data centers, revenue is surging for Nvidia, the world's largest maker of graphic and artificial intelligence chips

Worldwide semiconductor revenue increased 25.1 per cent in 2021 to total $583.5 billion, crossing the $500 billion threshold for the first time, a Gartner report showed on Monday.