Samsung slashes capex, calls end to chip boom after record third quarter - Newsfeed

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Wednesday, October 31, 2018

Samsung slashes capex, calls end to chip boom after record third quarter

Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.


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