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Samsung flags chip recovery, shrinking phone market amid coronavirus outbreak

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Samsung Electronics Co Ltd said on Wednesday the coronavirus pandemic would hurt sales of smartphones and consumer electronics this year, while demand from data centres would fuel a recovery in memory chip markets.

[SEOUL] Samsung Electronics Co Ltd said on Wednesday the coronavirus pandemic would hurt sales of smartphones and consumer electronics this year, while demand from data centres would fuel a recovery in memory chip markets.

Chief executive Kim Ki-nam said the coronavirus and US-China trade...

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