Reported 28 days ago
Samsung Electronics recently suffered a staggering $122 billion loss in market value, demonstrating the rapid shift in fortunes in the tech industry as it struggles to keep up with competitors in AI memory and chip manufacturing. Once poised for success thanks to a surge in profits and stock prices, the company is now facing investor skepticism and has initiated plans to regain competitiveness amid growing pressure from rivals like SK Hynix and TSMC.
Source: YAHOO