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 become most profitable company in the world, notches 19x quarterly increase in profit
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DS president Kim Yong-Kwan told staff the unit's 2026 operating profit will top everything it has earned since Samsung entered the memory business.
  • Zron@lemmy.worldEnglish
    5·
    2 hours ago

    You mean the companies that have been tried and convicted in the past of forming a cartel to manipulate DRAM prices, and are now all raising prices through the roof and showing record profits, are not colluding again?

    Just because the demand is coming from a different market doesn’t mean the manufacturers aren’t colluding to raise prices and gouge their customers.