Samsung Electronics sees strong demand for chips continuing this year, driven by the artificial intelligence wave, but rising memory chip prices could hit computer and mobile shipments, its top executive said on Wednesday.
Co-CEO Jun Young-hyun said it is working with key customers to shift from traditional annual or quarterly supply agreements to multi-year contracts of three-to-five years to mitigate the effects of cyclical demand fluctuations.
Many shareholders management after share prices and earnings hit a record high, a dramatic…
