According to foreign media reports, the price and the demand under the influence of double decline, memory chip manufacturers are facing greater pressure, samsung electronics and SK hynix these two makers of memory chips performance are also affected, SK hynix third quarter revenue and net profit year-on-year annulus are slid in to net profit fell more than 60%.

While Samsung's overall revenue rose 4 percent from a year earlier to 76.78 trillion won, revenue from its memory business fell 27 percent, and revenue from its device solutions division, where memory chips are located, fell 14 percent. Net profit of 5.12 trillion won was down from 10.07 trillion won a year earlier and 9.98 trillion won in the previous quarter.

While the memory chip business is facing challenges, Samsung executives said on an earnings call with analysts that they don't plan to follow SK Hynix's lead in cutting investment and production.

In a third-quarter earnings call with analysts, Han Jin-man, Samsung's vice president in charge of memory chips, said demand is expected to weaken next year due to heavy inventory adjustments by corporate customers, but investment in data centers is expected to expand, according to foreign media reports.

Han Jin-man also told the conference that some outside agencies expect market conditions to improve in the second half, led by DRAM, but they are not considering artificial production cuts because they need to take a medium - to long-term view to prepare for demand recovery.