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Samsung Electronics Co.’s semiconductor division reported profit that fell far short of expectations, reflecting a deepening crisis at the world’s largest memory chipmaker.

Contributor content. The success of TSMC's Arizona venture suggests that America's semiconductor manufacturing revival has ...

Samsung Electronics Co’s chip unit saw profit plunge a far bigger-than-expected 94 percent in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.