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January 18, 2020
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Reuters - Business

Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom out

Reuters
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of recovery from an industry downturn. FILE PHOTO: Samsung Electronic’s Galaxy A90 is seen on display at a......
Reuters - Business

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

Reuters
SEOUL (Reuters) – With Samsung Electronics (005380.KS) 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. FILE PHOTO: The logo of Samsung Electronics is seen at its......
Reuters - Business

Samsung Electronics chip output at South Korea plant partly halted due to short blackout

Reuters
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji SEOUL (Reuters) – Samsung Electronics (005930.KS) partly halted some semiconductor production at its Hwaseong chip complex in South Korea after about a minute-long blackout on Tuesday afternoon, the......
Reuters - Business

Made in China: Samsung farms out more phones to fend off rivals

Reuters
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung Electronic’s Galaxy A90 is seen on......

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