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MEMORY CHIP DOWNTURN
Samsung first-quarter profit up 10-fold on memory chip recoveryThe world's biggest maker of memory chips and TVs said operating profit rose to 6.6 trillion won ($4.8 billion) in January-March, up from 6...30 Apr, 2024, 08.06 AM IST- Samsung profit likely biggest in six quarters on higher chip pricesOperating profit for Samsung likely rose to 5.7 trillion won ($4.24 billion) in the quarter ended March 31, according to the average of an ...04 Apr, 2024, 09.52 AM IST
- Samsung profit likely biggest in six quarters on higher chip pricesSamsung Electronics anticipates a near nine-fold increase in first-quarter profit, reaching 5.7 trillion won, driven by rising semiconducto...04 Apr, 2024, 07.58 AM IST
- Memory chip giant SK Hynix returns to profit on strong AI demandThe world's second-largest memory chip maker, South Korea's SK Hynix, said on Thursday it had returned to profit after four consecutive qua...25 Jan, 2024, 12.01 PM IST
- 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
- 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 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
- 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
- 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 to continue with chip investment, undeterred by eight-year-low profitThe guidance bucks a broader industry trend to scale back spending and output, fanning concern that the world's biggest memory chipmaker in...31 Jan, 2023, 09.58 AM IST
- Samsung's quarterly profit set to hit 6-year low as consumers hunker downSamsung, as the world's biggest maker of memory chips, smartphones and TVs, is a bellwether for global consumption trends. It is expected t...05 Jan, 2023, 04.39 PM 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 chips26 Dec, 2022, 10.38 AM IST
- Chipmakers see ‘breathtaking’ drop in demand as recession loomsSamsung -- the world’s largest memory chip maker -- reported a 32% dive in operating income, while PC-processor chipmaker AMD said it will ...07 Oct, 2022, 12.31 PM IST
- Samsung's earnings slump on rapid drop-off in chip demandCompanies and consumers have tightened their belts, with memory chip buyers such as smartphone and PC makers holding off on new purchases a...07 Oct, 2022, 08.42 AM IST
- There’s a glut brewing in a $161 billion slice of the chip sectorPrices of DRAM, the most ubiquitous of chips, will likely fall 15% in 2022 after buyers stocked their shelves this year to cope with global...12 Nov, 2021, 09.37 AM IST
- Abu Dhabi to buy Chartered; Hynix stake up for grabsAbu Dhabi's state-owned ATIC offered to buy Chartered Semiconductor for $1.8 billion, while major shareholders in Hynix began the sale of a...07 Sep, 2009, 07.09 PM IST
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