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Samsung warns chip supply crunch may last until 2028

Samsung Electronics said its second-quarter operating profit topped analysts' expectations, extending its record run.

Reported · Written up by our desk · Equities

Samsung Electronics said the global chip supply crunch is likely to last until 2028, pointing to continued pressure in semiconductor availability.

CNBC Markets reports the company also extended its recent streak of strong performance, with second-quarter operating profit topping analysts' estimates.

The update reinforces that the market still faces supply constraints even as Samsung's quarterly results remain resilient, according to CNBC Markets.

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