Samsung expects chip demand growth despite coronavirus turmoil

SEOUL : Samsung Electronics Co Ltd said on Wednesday it expected higher demand and limited supply for computer chips even though the coronavirus pandemic and the U.S.-China trade war were damaging major markets in Europe and the United States.

Samsung Electronics Chief Executive Kim Ki-nam made the comments at the South Korean tech giant’s annual shareholders’ meeting, which attracted only 289 people amid the coronavirus outbreak, sharply down from about 1,000 last year.