SEOUL -- Samsung Electronics' operating profit for its chip business plummeted 94% in the second quarter from a year ago, hit by U.S. export controls on shipments of artificial intelligence chips to China.
Technology
Samsung's chip profit falls 94% on US export controls on China
Smartphone unit thrives thanks to robust Galaxy sales
Samsung was hit by U.S. curbs on AI chip sales to China but has also struck a major foundry deal with Tesla. © Reuters
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