Samsung execs fear smartphone losses

Samsung executives are reportedly concerned that the company might experience its first-ever financial losses on smartphone sales. This potential downturn is attributed to an AI-driven memory shortage, which is impacting the company's profitability across its hardware divisions. The situation highlights the complex interplay between emerging technologies like AI and the established dynamics of the consumer electronics market. As the demand for AI-specific hardware grows, traditional product lines may face increased cost pressures and reduced margins, forcing companies like Samsung to navigate new economic challenges.