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RE: LeoThread 2024-10-31 10:28

While its memory chip unit benefited by strong demand for its artificial intelligence and conventional server products, Samsung said "inventory adjustments negatively impacted mobile demand." The company said it was also contending with "the increasing supply of legacy products in China."

Samsung is the top manufacturer of memory chips used in devices like laptops and servers, and it ranks as the second-largest player in the smartphone market worldwide.