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

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Reuters SEOUL

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> expects demand to increase for value-added memory chips handling large data this year, its CEO said on Friday.

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.

(Reporting by Joyce Lee; Editing by Stephen Coates)

(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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First Published: Mar 23 2018 | 6:13 AM IST

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