Samsung reports worst quarterly profit since 2009
Samsung Electronics Co. is cutting memory chip production after reporting its slimmest profit since the 2009 global financial crisis, a significant step for the industry after oversupply caused prices to crater. Shares rose.
Operating profit...
Micron quarterly forecast suggests big memory slump could be coming to an end
Micron Technology Inc., the largest US maker of memory chips, gave a better forecast for the current quarter than some analysts had feared, sparking hope that the worst of a brutal industry slump may be over.
Sales...