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Samsung Says Component Supply Issues to Affect Chip Demand, Profit Hits 3-Year High

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Samsung Says Component Supply Issues to Affect Chip Demand, Profit Hits 3-Year High

Samsung said on Thursday that after announcing its highest quarterly profit in three years, it expects that component shortages will affect the chip demand of some customers this quarter.

When the warning was issued, manufacturers of goods from televisions to automobiles were facing a series of supply chain problems, including shortages of logic chip parts, manpower shortages, logistics chaos, and delays in parts factories due to power outages in China. Samsung said in a statement that “due to the potential impact on the manufacturing of devices that use memory chips, it may be necessary to monitor longer-than-expected component supply issues, but it added that due to increased investment, the basic demand for servers is strong.”

Technology company ” The world’s largest memory chip and smartphone manufacturer’s operating profit for the July-September quarter increased by 28% to 15.8 trillion won (approximately Rs 101,090 crore) due to an 82% year-on-year increase in operating profit. In the chip business, revenue increased to 10.1 trillion won (approximately 64,620 crore).

Rising prices and shipments of memory chips, coupled with the substantial increase in the profitability of Samsung’s chip foundry business, have boosted the operating profit of the chip business. Samsung said that due to the expansion of data center investment, demand for server DRAM chips that temporarily store data and NAND flash memory chips that serve the data storage market is expected to remain strong in the fourth quarter, while the growth of the personal computer manufacturing industry is expected to remain at the same level. It was flat in the previous quarter.

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The company said that although supply chain issues may limit the demand for some mobile chip customers in the fourth quarter, despite the uncertainty, demand for server and personal computer chips is expected to remain strong in 2022. Samsung did not comment on the prospect of memory chip prices, which put pressure on the company’s stock price, as investors expect prices to peak in the third quarter and then fall before mid-2022.

On Tuesday, smaller rival SK Hynix was more bullish than its US counterparts and predicted stable demand for memory chips. Earlier, chipmakers Intel and Micron had stated that shortages of certain components were preventing their customers from shipping personal computers. In the third quarter, the operating profit of Samsung’s mobile division fell by approximately 24% year-on-year to KRW 3.36 trillion (approximately Rs 21,495 crore), because sales of Samsung’s new foldable smartphones were affected by marketing costs.

News Source : Gadgets 360

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Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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