Memory Products news and trends

Samsung’s First Quarter Profits Down About 60 Percent YOY

April 05, 2019
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Samsung’s First Quarter Profits Down About 60 Percent YOY

April 05, 2019
Samsung Electronics warned that first quarter profits declined nearly 60 percent compared to last year, brought on by weakness in displays and its memory chip unit. CNBC, citing the company, reported Samsung said operating profit for the March-ending quarter will be about 6.2 trillion Korean won or $5.5 billion, which is down from the 15.64 […]