Samsung slashes capex, calls end to chip boom after record third quarter

Samsung slashes capex, calls end to chip boom after record third quarter

October 31, 2018
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.


from Reuters: Top News https://ift.tt/2JsJXXV
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