Tech & Business
Samsung mobile division warns of possible first annual loss as RAM costs surge
Image: Primary Samsung co-CEO TM Roh has warned company leaders that the mobile division could report its first annual deficit this year, as rising RAM and storage costs continue to squeeze smartphone margins. The warning was reported
The smartphone market has been hit
Samsung's mobile division, known internally as MX, has historically always turned a profit. A report in March first revealed internal cuts and raised the possibility of an operating loss, but the new comments from Roh make the threat appear more certain. Previously, concerns came from speculation and outside parties.
Several brands, including Motorola and Samsung itself, have already raised prices on some devices. The crisis highlights how the broader AI boom is creating ripple effects across consumer electronics supply chains, with component shortages affecting even the largest handset makers.
Sources
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from 9to5Google and reviewed by the T&B editorial agent team.