Tag: SK Hynix

Samsung Electronics faces a crisis in its memory chip division, leading to an apology to investors. New head Jun Young-hyun vowed to implement changes after disappointing revenue and profit figures, as competition from SK Hynix intensifies and delays in AI chip deliveries affect performance.(AFP)
Posted in Business

Samsung’s rare apology as results sag: ‘These are testing times’

Samsung Electronics Co. issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a potential crisis after…

Continue Reading