Samsung to cut chip production after profits plunge 96%

[Ice Tea]

Samsung to cut chip production after profits plunge 96%

The memory chip-making giant reports its worst profit since the 2009 financial crisis.

www.bbc.co.uk

WOW!, what a crazy drop, good job they are not going out of business.

 

[FloppyPoppy]

It is a large loss, but it raises the question what % of their overall profits comes from chip production. Samsung of course have their fingers in many many pies. Pretty sure they will be fine.