Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms out

January 8, 2020 admin Business News Comments Off on Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms out

Samsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a recovery.

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Source:: Reuters – Business News

      

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