Samsung Electronics expects the hashtag COVID-19 will continue to have a negative impact on sales of smartphones and TVs. On a brighter side, it predicts that the pandemic will drive the demand of memory business as remote work, online education, online shopping and streaming entertainment services will increase demand for cloud services and data centres. The company will strengthen up its transition to 1Z-nm DRAM and 6th-generation V-NAND flash memory and focus on online stores.

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