Chip supply slight problem in 2nd quarter: Samsung Electronics mobile head

Samsung Electronics mobile chief Koh Dong-jin said the current supply-demand imbalance of IT sector chips and related components was "very serious" and the second quarter "poses a slight problem"

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Reuters SEOUL
1 min read Last Updated : Mar 17 2021 | 9:48 AM IST

SEOUL (Reuters) - Samsung Electronics co-CEO and mobile chief Koh Dong-jin said on Wednesday that the current supply-demand imbalance of IT sector chips and related components was "very serious" and the second quarter "poses a slight problem".

Koh, addressing Samsung's annual general shareholders' meeting, said the company is continuing its efforts to address the supply issues.

 

(Reporting by Joyce Lee; Editing by Shri Navaratnam)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Samsung ElectronicsSamsung Mobiles

First Published: Mar 17 2021 | 9:37 AM IST

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