Analysts said Samsung could see its semiconductor business fall into negative territory, posting huge losses as early as the first quarter, due to the steady DRAM price declines, HBM chip supply delays, a slowdown in demand for enterprise solid state drives (eSSDs) and increased losses in its foundry business, as well as growing regulatory risks related to US President Doland Trump's protectionist policies.“In the first quarter of 2025, our memory business will shift its business portfolio to more high-value-added products by accelerating the migration to cutting-edge nodes in response to demand for high-performance and high-density products,” the South Korean tech giant said in a statement.
MEMORY PERFORMANCEOn Friday, Samsung said its DS division, which oversees its semiconductor business, posted 2.9 trillion in operating profit on sales of 30.1 trillion won in the fourth quarter of 2024.
Samsung Electronics Co., the world’s largest memory chipmaker, on Friday vowed to cut its production of legacy chips and increase sales of premium products, including high-bandwidth memory (HBM), this year after posting weaker-than-expected earnings for the fourth quarter of 2024.
The story "Samsung to focus on HBM, other high-end chips after weak Q4 earnings" has 830 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "Samsung to focus on HBM, other high-end chips after weak Q4 earnings" was covered 6 days ago by Korea Economic Daily, a news publisher based in South Korea.
How trustworthy is 'Korea Economic Daily' news outlet?
Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.
The outlet is headquartered in South Korea and publishes an average of 6 news stories per day.
It's most recent story was published 21 minutes ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
