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Samsung Electronics' Q3 operating profit rebounds on solid phone sales

Thanks to the optimistic outlook, its stock price also jumped 2.71 percent during Wednesday’s trade, closing at 68,200 won.

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Samsung, SK hynix benefit from soaring demand for high-performing memory chips amid AI boom

The local memory chip market is showing signs of a boom, underpinned by the industry-wide recovery after the release of new products made by NVIDIA, Intel and AMD, according to market watchers, Thursday.

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Samsung to reduce chip production after its profit dropped to lowest

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Samsung's chip production cut expected to hasten earnings recovery

Samsung Electronics is expected to enjoy a steady recovery in its earnings during the second half of this year at the latest, according to domestic securities analysts, Friday. Such an optimistic outlook has been attributed mainly to the tech giant s latest decision to reduce the manufacturing volume of memory chips to a “meaningful level.”

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Geo-political conditions dim prospects for Samsung stock in near future

Samsung Electronics estimate-beating earnings seem not to be enough to calm investors who remain wary over headwinds from rising inflation, rate hikes and geopolitical risks, analysts said on Tuesday.Shares of Samsung, the world s largest .

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