Samsung expects higher demand for value-added memory chips in 2018

Tuesday, 27 March 2018 00:00 -     - {{hitsCtrl.values.hits}}

Seoul (Reuters): Samsung Electronics Co Ltd. expects demand to increase for value-added memory chips handling large data this year, its CEO said on Friday (23 March).

The tech giant also expects greater uncertainty in the organic light-emitting diode (OLED) panel business due to stiffer competition between OLED and liquid crystal display (LCD) panels, and from Chinese LCD makers, Samsung Electronics’ co-CEO Kinam Kim said.

Samsung held its annual shareholders’ meeting on Friday, with shareholders to vote on a 50:1 stock split and appointments of new board directors.