Samsung Electronics May Slash Smartphone Production by Up to 30% in Q4 Amid Soaring Memory Prices, Pinching Profits
1 day ago / Read about 0 minute
Author:小编   

As per reports from South Korean media, Samsung Electronics' MX Business Division has asked its suppliers to curtail deliveries by 20% to 30%. Consequently, smartphone production in the fourth quarter is anticipated to decline by as much as 30%, mainly attributed to the escalating memory prices that are tightening business profit margins.