Samsung flags further chip slowdown after booking 8-year-low profit
Samsung Electronics Co Ltd reported its lowest quarterly profit since 2014 and said persistent macroeconomic uncertainty will make for a tough first half of the year, though demand is likely to start recovering in the second half. Sluggish demand and inventory adjustment will continue to impact the chip business in the first quarter, Samsung said in a statement, adding it expects "smartphone demand to decline year-on-year due to the economic slowdown in major regions". The world's biggest maker of memory chips and…