Samsung sees DRAM oversupply if PC market slows more

TAIPEI, Sept 7 (BestGrowthStock) – South Korea’s Samsung Electronics
(005930.KS: ), the world’s largest memory chipmaker, foresees an
oversupply of dynamic random access memory (DRAM) chips in the
fourth quarter of this year or the first quarter of next if the
PC market continues to slow.

Kwon Oh-hyun, head of Samsung’s chip business, made the
remarks at a media conference on Tuesday at the company’s annual
mobile solution forum in Taipei.

In late July, Samsung warned of weaker margins and profit
growth after posting record quarterly earnings, as prices of
chips and flat screens drop and smartphone competition grows.
[ID:nTOE66T00D]

Samsung has previously said prices for its bread-and-butter
memory chips business would fall in the second half on concerns
that China’s tightening policy and the European debt crisis could
hurt sales of computers and other consumer goods.
(US$1=T$32)
(Reporting by Baker Li; Editing by Jonathan Standing)

Samsung sees DRAM oversupply if PC market slows more