BLOG

Tuesday, January 7, 2020

Samsung profit beats estimates as chip prices recover, earnings dip 34%

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a recovery.

from Companies https://ift.tt/2uomJP3
via IFTTT

No comments:

Post a Comment

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...