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Samsung s chip business posts $3 4 bil loss for Q1

Samsung Electronics semiconductor business posted an operating loss of 4.58 trillion won ($3.4 billion) in the first quarter due to the prolonged downturn of the global chip industry, the chip giant said, Thursday. Despite suffering slumping demand and price declines, the company expects its business will rebound in the second half of the year.

[ANALYSIS] Samsung to hold steady in $66 bil NAND chip sector

In game theory, the game of chicken primarily involves two drivers, with vehicles on a converging route. The driver who risks a direct collision is the winner while the driver who swerves out of the way is the loser - not to mention labeled a coward. The danger, of course, is that both drivers firmly believe that the other will swerve first and consequently collide. Both can lose more than just the game. In the case of a collision, the size of the vehicles and their capacity in terms of bearing the impact are significant.

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