Samsung expected to report 80% profit plunge as losses mount at chip business::The semiconductor business — typically Samsung’s cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.

  • some_guy@lemmy.sdf.org
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    1 year ago

    You can see how this would happen. Everyone bought new computers to wfh during the pan. Now they’re holding on to devices that aren’t due for upgrades / replacement. Apple seems to be the only hardware company in the sector that isn’t hurt by this and that’s because they’re shipping new macs that are best-in-class to an audience that typically can afford (or will sacrifice to afford) nice upgrades.

    • AlmightySnoo 🐢🇮🇱🇺🇦@lemmy.world
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      1 year ago

      I think the main reason though is that the main CPU and GPU designers (AMD, Nvidia and now even Intel) are preferring TSMC because chips produced by them are usually just better and Exynos turned out to be a failure.

      • Pasta4u@lemmy.world
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        1 year ago

        There is simply less need for more compute power for the average user. Even additinal.festures like screen size and resolution or video and photo quality are harder and harder to show actual differences. So people hold onto devices for longer and longer.

    • Ghostalmedia@lemmy.world
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      1 year ago

      Apple has also been seeing massive cool down in PC sales over 2023.

      Their 2021-2022 sales numbers were primarily driven by the shift from Intel to Apple Silicon. People gobbled up those machines.

  • db2
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    1 year ago

    It’s almost like the system they judge by doesn’t actually work at scale. 🤔

  • cyd@lemmy.world
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    1 year ago

    What a great time for governments to be pumping taxpayer money into new chip factories!

    • CmdrShepard@lemmy.one
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      1 year ago

      Did Samsung even get any of that money? You can shit on corporate subsidies all you want but these are good paying jobs for the folks who work at these plants here in the US.

      • cyd@lemmy.world
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        1 year ago

        Of course. For one thing, they are a blight on third world countries, who are often dependent on agriculture. Rich countries subsidizing their own farmers directly harms economic development in poorer countries that have fewer resources with which to respond. The subsidies also lead to overproduction in rich countries, and thus needless environmental destruction.