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Comment by ksec

>Revenue fell 12% to $412 billion in 2019, ....That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst.

In 2001 post Dot Com Bubble, that 32% drop was real. The 12% drop in 2019 was only due to NAND and RAM went from Record High and back to "normal". Samsung was the most profitable company in 2018 simply because NAND and DRAM. Almost everyone in Semiconductor industry is making fairly decent amount of profits and increase unit shipment in 2019. Look at look at the leading Foundry ( TSMC ) and Intel all making record profits and shipment.

Bloomberg is quickly becoming BuzzFeed for financial news.

parent ksec 6 years ago

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