At the same time, Lee Jae-yong also candidly acknowledged the challenges that Samsung Electronics is facing in the chip factory built in Taylor, Texas, United States. "Due to changes in the international situation and the impact of the elections, the construction process of this plant encountered some difficulties," he noted. "
Analysts pointed out that due to the current weak market demand, Samsung Electronics' foundry chip manufacturing and logic chip design business is facing huge financial pressure, and the two businesses together cause billions of dollars in losses every year, which undoubtedly has a big drag on the overall performance of the world's largest memory chip manufacturer.
To make matters worse, Samsung's operating losses in the foundry and system logic chip business last year were as high as 3.18 trillion won, and it is predicted that these two businesses will continue to lose 2.08 trillion won this year. This series of data undoubtedly casts a shadow on the future development of Samsung Electronics.
