Samsung Says Component Supply Issues to Affect Chip Demand, Profit Hits 3-Year High
Samsung said on Thursday it expects component shortages to affect chip demand from some customers in the current quarter, after reporting its highest quarterly profit in three years. The warning comes as producers of goods from televisions to cars have faced a host of supply chain issues ranging from a shortage of logic chip parts, manpower shortages, logistics snarls, and delays at parts plants due to power cuts in China."A longer-than-expected component supply issue may need to be monitored due to potential impacts" on…