Michael Simon, staff writer for PCWorld, discusses Samsung's recent earnings report. The company hopes to expand growth in the year ahead with its Bixby service and foldable phones.
Simon weighs in on Samsung's history with the foldable phone and the company's comeback after some of its phones were exploding a few years back. Simon also talks about Samsung's successful chip business and its OLED technology.
The global semiconductor shortage is actively hurting numerous industries, with the auto industry itself on pace to lose $210 billion by the end of the year. Brad Wimmer, EVP at Auto Lenders, joined Cheddar to discuss a White House meeting surrounding chip shortages and how industries can find a way to move forward. He noted that the end of the shortage is unlikely if the U.S. continues to depend on outside manufacturers. "We need consistent momentum and clarity, and we do not have that right now," Wimmer said. "So, I think this is going to continue into 2023."
