Samsung Electronics mobile chief says chip supply poses slight problem in second quarter

Koh Dong-jin, president of Samsung Electronics’ Mobile Communications, speaks during the Galaxy Note 8 smartphone launch event in New York

SEOUL (Reuters) – Samsung Electronics co-CEO and mobile chief Koh Dong-jin said on Wednesday that the current supply-demand imbalance of IT sector chips and related components was “very serious” and the second quarter “poses a slight problem”.

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Koh, addressing Samsung’s annual general shareholders’ meeting, said the company is continuing its efforts to address the supply issues.

(Reporting by Joyce Lee; Editing by Shri Navaratnam)