#RFB-11000825Reading: Fill in the BlanksAcademic,CoreMedium

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Samsung's operating profit plummeted 95% in the first quarter, [blank] a record loss in its semiconductor business. It saw similar results in the second quarter. After a historic supply shortage during Covid, the global semiconductor industry is now [blank] a glut in some areas that has [blank] losses for Samsung, the world's largest memory chip and smartphone maker.

Sample Answer & Audio Transcript

Samsung's operating profit plummeted 95% in the first quarter, following a record loss in its semiconductor business. It saw similar results in the second quarter. After a historic supply shortage during Covid, the global semiconductor industry is now seeing a glut in some areas that has driven losses for Samsung, the world's largest memory chip and smartphone maker.
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