Samsung has a strategic plan to recover its memory chip fortune
DRAM and NAND flash memories have contributed to Samsung's historic profitability over the past decade. However, a supply glut and falling prices have turned the tables on Samsung's memory chip fortunes, with the company reporting significant profit declines for several quarters straight.
Things seem to be finally looking up for the company as it now expects the memory chip business to turn a profit in 2024. Samsung has a strategic plan in place to recover the glorious fortunes of its memory chip division.
Samsung will…