Samsung 2q news and trends

Samsung 2Q Results Leap On Memory Chip Demand

July 07, 2017
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Samsung 2Q Results Leap On Memory Chip Demand

July 07, 2017
Samsung Electronics recently announced that operating profits saw record highs in the second quarter, buoyed by surging prices for memory chips. Operating profits gained 72 percent to about 14 trillion won, or $12 billion USD, over last year’s numbers. That outpaced the 13 trillion won expected by analysts. Additionally, revenues experienced 18 percent growth to […]