With an estimated 15-fold increase in operating profits, everything looks rosy for Samsung Electronics, thanks to the AI world's demand for memory chips. However, while DRAM, flash memory, and other chips are ranking in the money, thousands of workers are going on an indefinite strike and independent research predicts that its worldwide market share in chip manufacturing will tumble from 31% to just 9% by 2032.
It's fair to say that Samsung Electronics, the chip manufacturing and electronics division of the Samsung Group, is going through some mixed fortunes of late. AI's insatiable appetite for high-end RAM and flash memory chips has pushed prices by as much as 20% in the second quarter of the financial year (via Reuters).
