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Samsung Electronics sees tough year with trade risks, slow growth, says co-CEO

Updated : March 20, 2019 06:55 AM IST

The world's biggest memory chipmaker reiterated its forecast of a weak 2019 as shareholders gathered for its annual general meeting in Seoul, citing a slowdown in demand for memory chips.
Samsung is seeking new growth in areas such as network equipment manufacturing as sales of its mainstay chips and smartphones begin to drop.
The company would continue to make bold investments in semiconductor manufacturing in the face of stiffening Chinese competition, Kim said.
Samsung Electronics sees tough year with trade risks, slow growth, says co-CEO

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