Samsung memory chip foundry set to lose $3.04 billion in Q1 2023 [TechSpot]

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Samsung’s memory chip division lost $2.3 billion US in the first two months of 2023. Insiders told news outlet Korea JoongAng Daily that losses for the entire quarter will likely be more considerable. An internal report estimated the company could take a hit as high as $3.04 billion for Q1 2023.

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