On the sideline of SamsungAI Forum 2018, a senior executive of Samsung Electronics said that he expects no major changes in demand for dynamic random access memory (DRAM) chips this year.
According to YonhapNews, Samsung Electronics President Kim Ki-Nam, who is in charge of the device solutions division said, "There will be no big changes in demand for DRAM chips at least until the fourth quarter of this year,".
While being asked if the ongoing robust demand for memory chips may end next year, he forecast that there will still be a demand for chips in the markets.
Back in July, Samsung started the mass production of 2nd-Generation 10nm-Class, 16Gb LPDDR4X Mobile DRAM with improved performance, efficiency and lower the battery drain. It's also available in 4GB, 6GB, and 8GB LPDDR4X packages.
In Q2 2018, Samsung's Foundry business posted an operating profit of 11.61 trillion won (US$10.2 billion) up 44 percent from 8.03 trillion won a year earlier.
Throughout recent years, Samsung has seen a massive growth in its chip business, the growing demands of semiconductors helped the company to gain a good revenue graph and the company believes that its market will grow even larger.