Best quarter: Visitors walk past the logo of Samsung Electronics in Seoul. The conglomerate expects growth across its chip business. — AP
SEOUL: Samsung Electronics Co Ltd has forecast a recovery in global tech device demand in 2022 after reporting its best fourth-quarter profit in four years, but warned of ongoing challenges from supply chain issues and Covid-19.
The world’s largest memory chip and smartphone maker said it expected growth across its chip business this year, as well as in smartphones, although supplies of non-memory chips were likely to remain tight.
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