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However the problem is getting harder as Samsung’s companies enter turbulent instances. Memory chip costs are in free fall, hurting the group’s semiconductor enterprise, which accounts for 28% of revenues. The company’s net profit plunged more than 60% to six.23 trillion gained within the first quarter from a yr in the past, largely due to the downturn in reminiscence chips, where sales tumbled 34% over the same period.
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