Thursday, July 4, 2019

Samsung says it projects Q2 operating profit of ~$5.5B, beating analyst estimates but down ~56% YoY following weakness in the price and demand of memory chips (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Samsung says it projects Q2 operating profit of ~$5.5B, beating analyst estimates but down ~56% YoY following weakness in the price and demand of memory chips  —  KEY POINTS  — Samsung Electronics said on Friday that profits for the three months that ended June more than halved …



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