Memory Chipflation: Samsung’s Galaxy Division Axes Prestige Products Like The Galaxy Z TriFold As It Struggles To Post A Quarterly Operating Margin Of Even 1 Percent

Samsung is instituting emergency cost-cutting measures across many of its business units as the soaring costs of memory chips, along with the logistical mayhem prompted by the Iran war, continue to batter operational viability, with Samsung's mobile-focused MX division now finding itself in the eye of the proverbial storm, and unable to support prestige products like the Galaxy Z TriFold. Samsung's mobile-focused MX division is struggling to avoid a quarterly loss, and has halted the production of Galaxy Z TriFold just 3 months after launch We reported a few days back that there was panic within Samsung's labyrinthine halls, especially […]

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