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Samsung says it’s in “crisis,” apologizes for missing profit target

The company's performance is underwhelming as it struggles to close the manufacturing technology gap with TSMC.

MAIN POINTS
  1. Performance has not met the company's expectations.
  2. The company is trying to close the fabrication gap with TSMC.
  3. Struggles persist in improving manufacturing technology competitiveness.
TAKEAWAYS
  1. The company needs to enhance its manufacturing capabilities to compete with TSMC.
  2. Meeting performance expectations is crucial for closing the technology gap.
  3. Strategic improvements are necessary to address current performance shortcomings.
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