GoKawiilHadlee Simons / Android Authority
TL;DR Samsung’s mobile chief has apparently warned that the division could see a full year of losses.
This comes amid a spike in RAM prices and other component price increases.
This warning also follows a report last month that the division had entered
Smartphone makers have been forced to raise prices or reduce profits due to the RAM crisis. Samsung’s mobile division previously suggested that it could post a deficit, and the firm has now sounded the alarm on a full year of losses.
Samsung mobile chief TM Roh warned company executives that the smartphone division could see a full year of losses, according to Money Today (h/t: Jukan05 on Twitter), citing “industry sources.”
Don’t want to miss the best from Android Authority? Set us as a favorite source in Google Discover to never miss our latest exclusive reports, expert analysis, and much more.
to never miss our latest exclusive reports, expert analysis, and much more. You can also set us as a preferred source in Google Search by clicking the button below.
This would be seriously bad news for the division and would apparently be its first-ever annual loss. It also comes as Samsung’s memory manufacturing arm expects record-high profits.
The outlet also revealed a sobering perspective when it noted that NVIDIA’s upcoming Vera AI CPU will have 1.5TB of LPDDR5X RAM while its Vera Rubin NVL72 supercomputer will have 36 of these Vera CPUs.
... continue reading