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Samsung slashes profit guidance, creating further uncertainty in tech industry
Samsung Electronics dramatically cut its guidance for fourth-quarter profits as demand falls for its memory chips and smartphones......»»
Samsung Electronics forecasts weaker 2019 earnings as chip sales slow
Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips......»»
Samsung Electronics forecasts weaker 2019 earnings as chip sales slow
Samsung Electronics warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips. Pascale Davies reports......»»
Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»
Samsung Elec first quarter operating profit up 3% as chips soften virus blow
Samsung Electronics Co Ltd said its operating profit rose 3% in the January to March period, in line with its earlier estimate, as the stay-at-home trend due to the COVID-19 pandemic cushioned the virus blow......»»
Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs......»»
Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge
Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers......»»
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......»»
Samsung"s profits fall by half in third quarter
Samsung Electronics was upbeat on Thursday even though it reported that third-quarter operating profit more than halved due to low prices of memory chips, saying chip sales should pick up next year. Ryan Brooks reports......»»
Samsung Elec upbeat on chip outlook as third-quarter profit plunges
Samsung Electronics Co Ltd said chip sales should pick up next year after it reported on Thursday that third-quarter operating profit more than halved due to low prices of memory chips amid a prolonged industry downturn......»»
Samsung warns its profit fell 56%, but the worst could be over
Samsung is warning investors that its third quarter profit likely plunged 56%, as the company continued to struggle with sluggish demand for memory chips......»»
Chip stocks take a hit after Samsung warns profit could be cut in half
Shares of semiconductor makers suffered broad weakness Friday, in the wake of a warning from South Korea-based electronics behemoth Samsung Electronics Co. that second quarter profit could less than half what it was last year......»»
Chip stocks take a broad beating after Samsung warns profit could be cut in half
Shares of semiconductor makers suffered broad weakness Friday, in the wake of a warning from South Korea-based electronics behemoth Samsung Electronics Co. that second quarter profit could less than half what it was last year......»»
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......»»
Samsung Electronics says first-quarter profit likely fell 60 percent as chip prices hit
South Korea's Samsung Electronics Co Ltd said on Friday its first-quarter operating profit likely slid 60 percent from a year earlier, as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins......»»
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......»»
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......»»
Samsung Electronics third-quarter profit seen at record, but peaking, as chips shine
Samsung Electronics Co Ltd is set to post a hefty jump in third-quarter profit to record levels after its chip unit put in a sterling performance on demand from data centers and improved production yields......»»
Samsung Electronics posts record third-quarter profit but warns of weaker earnings ahead
Samsung Electronics Co Ltd forecast weaker earnings on Wednesday as it posted record operating profit in the third quarter, meeting expectations thanks to sales of semiconductors to data centers and higher production yields......»»
Samsung slashes capex, calls an end to chip boom after record third quarter
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit......»»