Top Financial Stories Wednesday, September 07: Russian Connection In Elon Musk''s Twitter Deal, Apple To Defend Move Of Selling iPhones Without Charger, Deutsche Bank CEO Signals Recession Risks And More.. Wall Street Journal Samsung Comments On Chip Sales, Expects Ongoing Weakness To Over To 2023 Samsung Electronics Co Ltd (OTC: SSNLF ) sees the sharp downturn in chip sales extending into next year, marking a significant setback for the semiconductor industry reeling from a dramatic pullback in PCs, smartphones, and data servers’ sales. “The second half of this year looks bad, and as of now, next year doesn’t really seem to show a clear momentum for much improvement,” said Kyung Kye-hyun, who heads Samsung’s semiconductors unit and serves as the company’s co-CEO, at a media briefing at its new chip fab in Pyeongtaek. Despite the slowdown, Kye-hyun said Samsung would continue to expand its investment and RD spending and exploit the downturn to capture more market share as it previously did. Rather than taking sides in the U.S.-China conflict, he chose to find a win-win solution for all sides. China makes up 40% of Samsung’s global tech demand. Reuters Apple To Contest Brazil’s Ban of iPhone Without Charger As It Braces To Launch iPhone 14 Apple Inc (NASDAQ: AAPL ) looks to appeal a Brazilian order banning it from selling iPhones without a battery charger, contesting the claims of selling an incomplete product, Reuters reports.