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Samsung Electronics (005930 KS) is considering a strategy of reducing smartphone manufacturing costs by adopting locally sourced semiconductors, Asia Time reports citing sources

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Samsung is considering local semiconductor sourcing to combat a 850% surge in memory costs, which has slashed mobile margins to 3% despite record overall profits from its semiconductor division.

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Sees the recent price increase by Apple (AAPL) for various products as an opportunity, the report adds.

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