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4 Min Read SEOUL (Reuters) - Samsung Electronics Co Ltd shares jumped on Friday after it said its fourth quarter operating profit likely rose 26% as coronavirus pandemic driven remote working and TV-watching fuelled sales of chips and display panels. Samsung Electronics shares rose as much as 8.6% in afternoon trade to a record high, compared to a 3.9% rise in the wider market, due to an earlier-than-expected rebound in memory chip prices, analysts said. “DRAM chip prices appear to be turning around now, rather than later in the year as we expected,” said Song Myung-sup, analyst at HI Inv...

SEOUL, Jan 8 ― Samsung Electronics Co Ltd shares jumped today after it said its fourth quarter operating profit likely rose 26 per cent as coronavirus pandemic driven remote working and TV-watching fuelled sales of chips and display panels. Samsung Electronics shares rose as much as 8.6 per cent...

Samsung Q4 profit likely up 33per cent on chip, display panel sales Toggle share menu Advertisement Samsung Q4 profit likely up 33per cent on chip, display panel sales Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said. The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. Picture taken January 7, 2019. REUTERS/Kim Hong-Ji/Fil...

Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said.

Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker... | January 27, 2021