Samsung Electronics expects the global memory chip shortage to intensify in 2027 and persist until at least 2028.
Surging artificial intelligence demand drives the sustained crunch. AI companies are reportedly providing Samsung with long-term forecasts to secure future supply.
The shortage yielded record quarterly revenue for Samsung’s semiconductor division as chip prices climbed. However, rising component costs led to profit declines in the company’s mobile and television segments.
Samsung has begun passing these costs to consumers. The company recently implemented price increases for its Galaxy smartphones and tablets.