Samsung to keep up chip investment, undeterred by 8-year-low profit
2023-02-03
Samsung signage is seen in a store in Manhattan, New York City, U.S., Nov. 22, 2021. REUTERS/Andrew Kelly SEOUL, Jan 31 (Reuters) - South Korea's Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a decade. The guidance bucks a broader industry trend to sca...