Wednesday, October 31, 2018

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

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: Technology News https://ift.tt/2ACwFp4

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

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