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However the challenge is getting tougher as Samsung’s businesses enter turbulent times. Reminiscence chip costs are in free fall, hurting the group’s semiconductor enterprise, which accounts for 28% of revenues. The corporate’s net profit plunged more than 60% to 6.23 trillion received within the first quarter from a year ago, largely due to the downturn in memory chips, the place sales tumbled 34% over the identical interval.

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