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MoneyToday says Samsung's mobile division is selling smartphones at break-even
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Summary
MoneyToday, citing sources at Samsung, says the company's mobile division no longer makes a profit on smartphone sales because of rising memory costs and is selling devices at break-even; research companies such as IDC forecast that Samsung will produce up to 270 million smartphones in 2026. TrendForce says the price of a 12-gigabyte LPDDR5X memory module has risen 175% compared with last year and stands at 145 dollars.
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According to preliminary information
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MoneyToday states: MoneyToday, citing sources at Samsung, says the company's mobile division no longer makes a profit on smartphone sales because of rising memory costs and sells devices at break-even.
Sources for this fact
Rozetked states: Samsung MX notified partners that it would cut smartphone production by 30%.
Third-party research companies such as IDC states: Third-party research companies such as IDC forecast that Samsung could take advantage of weakness among Chinese manufacturers.
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Supports
1 source: Rozetked
Third-party research companies such as IDC states: Third-party research companies such as IDC forecast that Samsung would produce up to 270 million smartphones in 2026.
Sources for this fact
TrendForce states: TrendForce says the price of a 12-gigabyte LPDDR5X memory module has risen 175% compared with last year.
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TrendForce states: TrendForce says the price of a 12-gigabyte LPDDR5X memory module stands at 145 dollars.
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FnGuide states: Financial company FnGuide forecasts that Samsung's mobile division will incur a further 14 billion dollars in losses.
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Rozetked
T2 · established media · company · international
iXBT
T2 · established media · company · international
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