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SEOUL: Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
SEOUL/TOKYO: With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.
TAIPEI: Memory and chip stocks in Taiwan and Hong Kong climb as Samsung halts some production lines after power outage.
SEOUL: Bucking all the doom and gloom in the global chip sector, semiconductor stocks have been the biggest drivers behind an outperformance of Asia’s technology sector this year. And for some market participants it isn’t over yet.
SEOUL: Samsung Electronics Co.’s quarterly profit more than halved after a global industry downturn and trade tensions hammered demand for its chips and high-end smartphones.
SEOUL: Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings tomorrow, data showed, as a drop in memory chip shipments to China’s embattled Huawei exacerbated a price-squeezing supply glut.
SEOUL: Samsung Electronics Co joined rivals in cautiously predicting a rebound in chip prices in the second half of the year as demand from server-makers picks up.
SEOUL: Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels.
SEOUL: SK Hynix Inc., a supplier to Apple Inc., posted a steep decline in operating profit but forecast a recovery in demand this quarter for memory chips used in smartphones and data centres.
SEOUL: The odds are stacked against Samsung Electronics Co Ltd ahead of the release of its first-quarter earnings guidance on Friday, with memory chip prices falling and its pricey premium smartphones struggling to be profitable