Wednesday, October 31, 2018

Samsung Electronics posts Q3 operating profit of ~$15.5B, up 21% YoY, driven by strong sales of memory chips and higher demand for high-end OLED display panels (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Samsung Electronics posts Q3 operating profit of ~$15.5B, up 21% YoY, driven by strong sales of memory chips and higher demand for high-end OLED display panels  —  - Samsung Electronics on Wednesday said it recorded an operating profit of 17.57 trillion won (about $15.5 billion) for the quarter ending in September.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...