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in Tech

Memory prices to weigh on profit

by Editor January 5, 2023, 8:44 am 1.9k Views

Memory prices to weigh on profit

Samsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business.

Josep Lago | AFP | Getty Images

Samsung’s profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand.

Analysts expect Samsung to report 7.18 trillion South Korean won ($5.64 billion) in operating profit in the December quarter, according…

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