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Samsung Electronics flags first profit drop in two years on weak chip demand

South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary......»»

Category: topSource: reutersJan 7th, 2019

Samsung posts profit drop in 4Q20

Samsung Electronics h.....»»

Category: topSource: digitimesFeb 1st, 2021

Samsung Electronics says fourth-quarter profit slumped 34%, flags gradual chip recovery

Samsung Electronics Co said on Thursday its fourth-quarter operating profit slid by a third as the South Korean conglomerate soaked up a downturn in the memory chip market, but forecast a gradual recovery in chip prices this year......»»

Category: topSource: reutersJan 29th, 2020

Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms out

Samsung Electronics Co Ltd 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......»»

Category: topSource: reutersJan 7th, 2020

Samsung to draw line under lackluster 2019 with chip revival in store

With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant's ills this year......»»

Category: topSource: reutersJan 6th, 2020

Samsung Reports 56% Drop In Third-Quarter Profit

Samsung Electronics Co., Ltd. (KRX: 005930) reported its profits of the third q.....»»

Category: earningsSource: benzingaOct 31st, 2019

Samsung flags smartphone profit fall, upbeat on chips

Samsung Electronics warned of a smaller mobile business profit on Thursday as its rival Apple gave a positive iPhone sales outlook, dampening hopes new models will help the world's largest smartphone vendor finally get back on a growth track......»»

Category: topSource: reutersOct 31st, 2019

Samsung Electronics looks to chip recovery as second-quarter profit falls 56%

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by declines in memory chip prices amid oversupply......»»

Category: topSource: reutersJul 30th, 2019

Samsung Electronics" second-quarter profit likely halved as Huawei woes worsen chip glut

Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut......»»

Category: topSource: reutersJul 3rd, 2019

Samsung Electronics first quarter profit falls 60% on-year as weak chip prices bite

Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels......»»

Category: topSource: reutersApr 29th, 2019

Samsung quarterly profit likely fell sharply as chips drop

Samsung Electronics Co. says it's operating profit for the last quarter likely fell more than 60% from a year earlier amid falling memory chip prices and slowing demand for display panels......»»

Category: topSource: foxnewsApr 5th, 2019

Samsung Elec flags earnings miss as chip prices slide

Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance......»»

Category: topSource: reutersMar 26th, 2019

Samsung Electronics flags earnings miss as chip prices slide

Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance......»»

Category: topSource: reutersMar 25th, 2019

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers......»»

Category: topSource: reutersApr 26th, 2018

Samsung Electronics Posts Flat Second-Quarter Net Profit

Samsung Electronics Co. reported flat second-quarter net profits, as a big drop in mobile phone profits dragged down results that were again buoyed by its strength in memory chips......»»

Category: smallbizSource: wsjJul 31st, 2018

All eyes on Apple after Samsung, Huawei profit drop

Samsung Electronics posts its slowest quarterly profit growth in more than a year as its Galaxy S9 misses sales targets. Elsewhere in the sector, China's Huawei publishes its slowest revenue growth since 2013. Laura Frykberg reports......»»

Category: videoSource: reutersJul 31st, 2018

Samsung flags third-quarter profit jump to record, but chip price falls cast shadow

Samsung Electronics Co Ltd estimated third-quarter operating profit jumped by a fifth to a record high, with its semiconductor unit bolstered by robust demand from data centers and gains in production yields......»»

Category: topSource: reutersOct 5th, 2018

Samsung flags Q3 profit hike, but chip prices cast shadow

Samsung Electronics preliminary results show third-quarter operating profit jumping by a fifth to a record high, but chip costs are casting a shadow over potential long term gains. Laura Frykberg reports......»»

Category: videoSource: reutersOct 5th, 2018

Samsung Electronics braces for profit drop as China slowdown chips away at demand

Samsung Electronics Co Ltd is set to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key market for the South Korean tech giant, erodes demand for its products......»»

Category: topSource: reutersJan 6th, 2019

Samsung Elec says weak chip demand pushed Q4 profit well below market estimates

Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown......»»

Category: topSource: reutersJan 7th, 2019