Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

4 years ago
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https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-sees-gradual-chip-rebound-in-2020-after-fourth-quarter-profit-plunge-idUSKBN1ZT001

Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers.