SEOUL :Samsung Electronics Co Ltd reported on Thursday an estimated 50per cent jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid demand underpinned prices for memory chips.
"The guidance beat market expectations, probably due to memory chip shipments and prices being better than expected," said Park Sung-soon, analyst at Cape Investment & Securities. "After the contamination issue at Kioxia, I think there were rush orders for NAND Flash chips made to Samsung for products that were meant to be secured from Kioxia," Park said.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
These 4 Singapore Blue-Chip Stocks Could Boost Your Portfolio: Here’s WhyClear catalysts could set the stage for these four blue-chip companies to perform well this year. The post These 4 Singapore Blue-Chip Stocks Could Boost Your Portfolio: Here’s Why appeared first on The Smart Investor.
Leggi di più »