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Samsung to cut chip production after profits plunge 96%
- henriquez 4y agoThey must be trying to get back to their customary artificial shortages and price fixing.
- jbverschoor 4y agoTypical mafia^H^H^H^H^Hchaebol behavior
- tedyoung 4y agoGuess that plan to "organically" reduce production[0] and try to gain market share didn't work out so well. [0]: https://finance.yahoo.com/news/samsung-electronics-q4-profit-falls-235958812.html https://finance.yahoo.com/news/samsung-electronics-q4-profit...
- bostonvaulter2 4y agoStrongly reminds me of the Beer Game: https://readingraphics.com/understanding-systems-thinking-the-beer-game/ https://readingraphics.com/understanding-systems-thinking-th... Which is a game from MIT about how placing orders in a large system has unintended consequences.
- scrollaway 4y agoIs this available to buy somewhere in Europe?
- toss1 4y ago>>"Samsung faces a double whammy of DRAM and NAND [memory chips] losing money and needing to update the process technology their [factories] use due to falling behind over the last couple of years," That seems like the money quote. The problem isn't the market, it is that Samsung technology is lagging, and they'll be cutting production while they update their fabs for next gen. Am I missing something?
- demarq 4y agoNo mention of chip sanctions?
- olliej 4y agoHoping that any impact to regular employees isn't too rough :-/