Monthlong Shutdown of Samsung’s Texas Chip Plant May Cost Big: Analysts

SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. may suffer around 400 billion won (US$353 million) in production losses due to a monthlong shutdown of its chip plant in the United States, analysts said Wednesday, amid growing concerns that the production halt could also undermine global smartphone production. Samsung’s plant in Austin, Texas, has [...]