Monday, May 22, 2023

China's Micron ban means South Korea's Samsung and SK Hynix could fill the void, an uncomfortable position because of their exposure to China and US pressure (Wall Street Journal)

Wall Street Journal:
China's Micron ban means South Korea's Samsung and SK Hynix could fill the void, an uncomfortable position because of their exposure to China and US pressure  —  Samsung, SK Hynix would be best positioned to fill Micron's void, though geopolitical pressure from both Beijing and Washington make for a tough choice



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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., bo...