Samsung Electronics upbeat on chip outlook as third-quarter profit falls 56%

Samsung Electronics upbeat on chip outlook as third-quarter profit falls 56%

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-upbeat-on-chip-outlook-as-third-quarter-profit-falls-56-idUSKBN1X92T9

Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from memory price declines amid a prolonged industry downturn.