Samsung Sales Fall Most in Over a Decade as Chip Slump Persists – The Economic Times – Bangalore

Despite the disappointing top line number, investors remain cautiously optimistic that the memory chip glut is finally easing after more than a year of price declines. Samsungrivals Micron Technology Inc. and SK Hynix Inc. have signaled that electronics firms are working through bloated stores of memory chips after the post-pandemic collapse in demand for smartphones and computers.