Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom out

Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom out

5 years ago
Anonymous $mKxHd64frN

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-says-profit-fall-likely-milder-than-forecasts-as-chip-prices-bottom-out-idUSKBN1Z62PY

Samsung Electronics Co Ltd on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of recovery from an industry downturn.