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But the challenge is getting harder as Samsung’s businesses enter turbulent instances. Reminiscence chip costs are in free fall, hurting the group’s semiconductor business, which accounts for 28% of revenues. The corporate’s net profit plunged more than 60% to 6.23 trillion won within the first quarter from a year ago, largely because of the downturn in reminiscence chips, where sales tumbled 34% over the identical interval.
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