Samsung has cut chip capex by 27% from $37 billion to $28 billion citing slowing demand. Q3 operating profit was a record $15 billion, but Samsung expects a 4% drop in proft in Q4. “Looking further ahead to 2019, earnings are forecast to be weak for the first quarter due to seasonality, but then strengthen ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/samsung-slashes-chip-capex-27-2018-10/
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