Samsung chip division’s single-year profits beat its past 40 years of profits, combined, due to increased memory and storage prices — Samsung passes Nvidia to b

Samsung chip division's single-year profits beat its past 40 years of profits, combined, due to increased memory and storage prices — Samsung passes Nvidia to b

Luke James is a freelance writer and journalist.\u00a0 Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.\u00a0 ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-25/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Luke James Social Links Navigation Contributor Luke James is a freelance writer and journalist. Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.

Ferlucio Seems like the perfect time to lay off 25% of their workforce. Times are tough after all. Reply

SmokyBarnable It’s not a coincidence that these astronomical corporate profits come at a time of intense and probably unprecedented pain for tech consumers. That’s how capitalism works. Reply

JC5000 Why would they ever increase productivity if they can make 40 years profits in a single year. These monopolists are doing it on purpose. The government should sieze their company and split their chips division as well as make all their IP public Reply

logainofhades Hopefully the ram makers lose in court, again, over price fixing. Reply

JC5000 Government should sell their chips division to a company that's willing to increase production facilities. Reply

JC5000 logainofhades said: Hopefully the ram makers lose in court, again, over price fixing. Definitely in it together Reply

Thunder64 JC5000 said: Why would they ever increase productivity if they can make 40 years profits in a single year. These monopolists are doing it on purpose. The government should sieze their company and split their chips division as well as make all their IP public That's too extreme. And believe me I hate the situation we're in. Reply

RealRacinGuy While I am normally for Capitalism because I believe Honest Capitalism works however this is an Instance where this is Ridiculous. I am a Sim Racer and race Semi Professionally so obviously having an Abundance of Ram is important for me and this right here makes me Sick and Pissed that Us as Consumers are sitting here hurting while they are over here making RECORD BREAKING PROFITS for No other Reason then they Can! It's Sad to take a bad situation and use it for their Gain meanwhile hurting the Very People they have kept them in Business. Samsung was always a company I found interesting to know they started as a wheat and grain business before switching to a sugar business during the beginning of the Korean War and then to making Walkie Talkie and Radios for the War and then Transitioning to an All Around Electronics Company after the war. I guess it's that very Mindset though that made them capitalize off the LLM BS! I refuse to call it AI because it doesn't think for itself so it isnt True AI anyways! Reply

SomeoneElse23 SmokyBarnable said: It’s not a coincidence that these astronomical corporate profits come at a time of intense and probably unprecedented pain for tech consumers. That’s how capitalism works. This is a symptom of "public corporations". Investors love it. Sucks for the rest of us. Reply

magbarn So when is anyone else going to want a piece of that pie? Just on profit alone they already rank around 44th country of the world based on GDP. Meanwhile Samsung Memory customer service is so cheap that they won't even replace Louis Rossman's burned out SSD and instead want to refund him based on last year's prices. Reply

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