Saturday, 28th May 2022
<To guardian.ng
Search

Samsung’s profits fall by half in third quarter

By Reuters
09 November 2019   |   3:46 pm
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.

Related

13 Oct 2017
Samsung Electronics' Vice Chairman and Chief Executive Officer Kwon Oh-hyun is stepping down after more than three decades at the company, saying he's making way for new leadership.
5 Oct 2018
Daniel Woo, head of global strategy at Kiwoom Securites, breaks down Samsung Electronics' results. The company posted profit that topped estimates on resilient sales of memory chips, easing concerns about a dropoff in demand.