Samsung’s Q1 revenue was down 18% y-o-y at $47.6 billion for an operating profit down 95% y-o-y at $478.5 million. Semiconductor revenue dropped 49% y-o-y to $10.2 billion for a loss of $3.4 billion. A Samsung statement blamed: “Weak demand in the memory business, a decline in utilisation rates in the foundry business, and continued …
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