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Reuters

Samsung warns supply chain upsets may hit chip demand, profit at 3-year high

Samsung Electronics Co Ltd said on Thursday it expects component shortages to affect chip demand from some customers in the final three months of the year, after reporting its highest quarterly profit in three years. The warning comes as producers of goods from televisions to cars have faced a host of supply chain issues ranging from a shortage of logic chip parts, manpower shortages, logistics snarls, and delays at parts plants due to power cuts in China. “A longer-than-expected component supply issue may need to be monitored” for potential impact on devices that use memory chips, Samsung said, although it added there was “strong fundamental demand” for server chips.

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