Friday 19 April 2024
 
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Memory chips

Samsung sees Q3 earnings at record $9.4bn

Samsung Electronics estimated its July-September earnings rose 25 percent to a record $9.4 billion as a strong recovery in memory chip prices helped counter a slowdown in the South Korean company's smartphone business. The mak

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Samsung cautious about semiconductor outlook

Samsung Electronics, the world's biggest maker of memory chips, said on Tuesday it remains cautious about the sector's outlook even as the industry emerges from its two-year slump. Kwon Oh-hyun, head of the South Korean company's semicondu

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