Samsung flags bigger-than-expected Q4 profit drop on weak demandSamsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much worse than analysts expected as w...
09 Jan, 2024, 08.43 AM IST
Samsung flags bigger-than-expected Q4 profit drop on weak demandLower-than-expected profit from Samsung's chip contract manufacturing, mobile processors, television and home appliance businesses may have...
09 Jan, 2024, 08.37 AM IST
Micron revenue forecasts strong recovery, shares jumpDemand for flash storage and dynamic random access memory (DRAM) should keep improving next year, while at the same time supply will begin ...
22 Dec, 2023, 12.24 AM IST
Micron revenue forecasts strong recovery, shares jumpMicron forecast revenue of $5.3 billion, plus or minus $200 million, for the second quarter, compared with estimates of $5.03 billion, acco...
21 Dec, 2023, 09.41 AM IST
Samsung Q3 profit beats expectations, raising hopes of chip recoverySamsung Electronics on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory c...
11 Oct, 2023, 11.02 AM IST
Samsung flags 78% drop in Q3 profit as chip losses extendThe world's largest memory chip and smartphone maker estimated its operating profit fell to 2.4 trillion won ($1.79 billion) in July-Septem...
11 Oct, 2023, 06.59 AM IST
Samsung Q3 profit set to slump 80% as chip losses persistOperating profit likely fell to 2.1 trillion won ($1.56 billion) in the July-September quarter, according to a LSEG SmartEstimate from 19 a...
10 Oct, 2023, 05.12 PM IST
Chipmakers signal supply glut easing but demand recovery still slowFrom Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for deman...
28 Jul, 2023, 09.13 PM IST
Chipmakers signal supply glut easing but demand recovery still slowAll the major markets for chips - smartphones, PCs and data centres - have shrunk this year, as both corporate customers and consumers scal...
28 Jul, 2023, 11.32 AM IST
Samsung Electric forecasts 96% drop in Q2 profit as chip glut drags onAccording to company data, it would be Samsung's lowest profit for any quarter since a 590 billion won profit in the first quarter of 2009.
07 Jul, 2023, 09.04 AM IST
Results preview: Persisting chip glut to pull down Samsung's profit to 14-year-lowOperating profit for the world's biggest maker of memory chips, smartphones and TVs likely fell to 555 billion won ($427 million) in the Ap...
06 Jul, 2023, 09.12 AM IST
Historic crash for memory chips threatens to wipe out earningsNow consumers and businesses are holding off on big purchases as they cope with inflation and rising interest rates.
31 Jan, 2023, 09.59 AM IST
Samsung estimates quarterly profit sank to 8-year low on demand slumpSamsung had said in October that it did not expect much change to its 2023 investments. Analysts said that Samsung has a history of not ann...
06 Jan, 2023, 08.21 AM IST
Samsung Electronics to expand chip production at its largest plantSamsung plans to expand its P3 factory in Pyeongtaek, South Korea, by adding 12-inch wafers capacity for DRAM memory chips
26 Dec, 2022, 10.38 AM IST
- New 3-D chip combines computing, data storage
New York, July 6 (IANS) At a time when computer chips' ability to process a glut of data is slowing, researchers, including one of Indian o...
06 Jul, 2017, 05.07 PM IST
- Toshiba cuts memory chip output
Japan's Toshiba Corp said that it was slashing its production of NAND flash memory chips -- used in iPods and other digital music players--...
16 Dec, 2008, 10.47 AM IST
- World chipmakers face most difficult time ever: Hynix
The global memory chip industry is facing the most difficult time ever and could experience a slump for two more years if consolidation is ...
10 Dec, 2008, 10.30 AM IST