Samsung Elec likely to report stupendous surge in quarterly profit to record level - Reuters
Samsung Elec likely to report stupendous surge in quarterly profit to record level Reuters
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Notable Quotes
"You couldn't ask for things to be better."
— Ko Yeongmin , Executive
"We have seen a cooling (in memory chip spot prices) over the last 3-4 weeks yes. We do believe it's temporary."
— Tobey Gonnerman , Executive
"Memory shortages are expected to persist through 2027 and that even if prices ease from 2028, they are unlikely to return to 2025 levels."
— Jitesh Ubrani , Academic
Key People
Citi is a global investment bank and financial services corporation.
Research manager at IDC.
Co-CEO of Samsung Electronics.
Analyst at Daol Investment & Securities.
Meritz Securities is a financial investment firm based in South Korea.
President of semiconductor distributor Fusion Worldwide.
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<a href="https://news.google.com/rss/articles/CBMi6gFBVV95cUxNQUQ2clIyQmtpYmJJaFZHX0l4X05Ndm8xRTduMkFqcUNwMWVpNnZlN1B1THE3aWRSYnFlcUZqY0l0NHFpWk9Ick9TOTh4VVBaYlhuZjJPTzgtTURtR0NhRnFtSVhEY3ZjdmNnZ2QydFZGbENybHU3bmJkX0paaTJMUm9walVZeTlOc1JDcXpXcUx2Z1lxM1BEak1OcHQ5dW5ucmxzTldURVY0dnNwa1pqQVhWaU56cXV4TUF0a29QMUFqQm51WTBQTzFKc1RMYkg1a0l2Q1l3TzhBVm93MHJlOUtjNkNkWlI1b0E?oc=5" target="_blank">Samsung Elec likely to report stupendous surge in quarterly profit to record level</a> <font color="#6f6f6f">Reuters</font>
Samsung Electronics is expected to report a six-fold increase in operating profit for the January-March quarter, driven by high demand for memory chips amid the AI boom.
Analysts project Samsung Electronics could achieve an operating profit of 50 trillion won in the first quarter, fueled by AI-driven memory chip demand and favorable exchange rates.
Samsung Electronics is projected to report a six-fold increase in operating profit for the January-March quarter, driven by high demand for memory chips amid the AI boom.
Samsung and SK Hynix are expected to report record-breaking first-quarter earnings, driven by strong demand for high-bandwidth memory and sharp price increases in DRAM and NAND flash.
Samsung Electronics is poised to deliver a record-breaking first quarter, with analysts projecting a dramatic surge in earnings fueled by soaring demand for memory chips amid the global AI boom.
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