The semiconductor business — typically Samsung's cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.

Samsung expected to report 80% profit plunge as losses mount at chip business::The semiconductor business — typically Samsung’s cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.

  • cyd@lemmy.worldEnglish
    32·
    9 months ago

    What a great time for governments to be pumping taxpayer money into new chip factories!

      • cyd@lemmy.worldEnglish
        31·
        9 months ago

        Of course. For one thing, they are a blight on third world countries, who are more dependent on agriculture. Rich countries subsidizing their own farmers directly harms economic development in poorer countries that have fewer resources.

    • CmdrShepard@lemmy.oneEnglish
      31·
      9 months ago

      Did Samsung even get any of that money? You can shit on corporate subsidies all you want but these are good paying jobs for the folks who work at these plants here in the US.