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Samsung Warns of Severe Chip Crunch on a Global Level


Samsung Warns of Severe Chip Crunch on a Global Level
Samsung expects the chip shortage to pose a problem to its business next quarter.
By Sohee Kim, Bloomberg | Updated: 17 March 2021 12:44 IST
Chipmakers like Samsung and TSMC are at forefront of global effort to plug a shortfall in supply of chips
Highlights
Samsung may decide not to introduce Galaxy Note during 2021
Samsung’s shares were largely unchanged in Seoul
Samsung Electronics warned it s grappling with the fallout from a “serious imbalance” in semiconductors globally, becoming the largest tech giant to voice concerns about chip shortages spreading beyond the automaking industry.
Samsung, one of the world s largest makers of chips and consumer electronics, expects the chip shortage to pose a problem to its business next quarter, co-Chief Executive Officer Koh Dong-jin said during an annual shareholders meeting in Seoul. The company is also consider ....

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