FILE PHOTO: Samsung logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024. REUTERS/Sarah Meyssonnier/File Photo
SEOUL (Reuters) - Samsung Electronics said on Friday it expected limited first-quarter earnings growth due to weak memory chip business conditions, as it continues to work towards providing high-end chips to Nvidia.
The South Korean firm is also grappling with weak smartphone sales and said it aimed to revive mobile margins to above 10% this quarter, a sign that competition with Apple would intensify as the rivals roll out new phones with artificial intelligence features.
