Samsung keeps printing money at a record pace. They posted record third quarter profits based upon sales of their memory chips and analysts are saying they may even to better in the fourth-quarter. This sounds really good for Samsung share holders, but I’m not so sure it’s good for the rest of us since memory prices continue to climb. Come on, Samsung, increase capacity faster so we get some price relief.



The world’s biggest maker of memory chips, smartphones and television sets said the memory chip “supercycle” of tight supply and strong demand was set to continue as servers and mobile devices require ever greater processing capacity.

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Source: [H]ardOCP – Samsung Posts Record Third Quarter Profit Amid Strong Demand for its Memory Chips