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.

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

Jan 8, 2020, 4:17am UTC
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.