Samsung sees chip shortage extending to 2028, touts long-term supply deals

Sunday, August 2, 2026 - 01:12
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Samsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to worsen and continue until 2028. These multi-year deals are with major data center operators worldwide. Samsung's semiconductor unit saw a substantial operating profit surge in the second quarter. This performance highlights the firm's strong position in the memory chip market.

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