inflation comes down and at some point service will peak as well and we are typically seeing that here in europe as well. service inflation at some point in the months to come should follow the rest of the components of the index, it should peak and rollover but it is very dependent on the strength of the labour of the labour market and indeed we continue to see wages take off. there will be some resistance in that part of the report. it in that part of the report. it is all a balance. thank you so much. to asia now where there s more evidence of the tough times hitting the tech industry. electronics giant samsung says its profit for the december quarter is likely to be down by more than two thirds as the global economic downturn hits demand for electronic devices. let s cross over live to our asia business hub because mariko oi has been
crunching the numbers for us. the numbers are not looking good. the quarterly profit is down to $3.1i billion, the lowest level in eight years and missed investor expectations. as we have been reporting with inflation and high interest rates, consumers are just not spending as much money but it is notjust weak demand for smart phones and other tech but also demand for memory chips is down because they were the hot commodity during the pandemic where there was a severe shortage and all the chipmakers had to ramp up production to record levels but now they have to slash spending on new production. samsung, the world s biggest memory chip maker has said it has no immediate plans to cut output memory chip prices are down sharply and that eats into the company s bottom line. also the us sanctions on some chip related exports to china is
Uppdaterad 2021-07-07 Publicerad 2021-07-07
Elektronikjätten Samsung Electronics meddelade under onsdagen att man förväntar sig att intäkterna under andra kvartalet slår marknadens förväntningar, vilket beror på att bolagets halvledarproduktion vägde upp mot en svag utveckling inom mobilverksamheten. Det rapporterar The Korea Herald.
Samsung väntar sig ett rörelseresultat på 11 miljarder dollar för andra kvartalet, vilket är 53 procent bättre än jämfört med samma period i fjol.
Bolaget väntar sig även försäljningssiffror på 63 biljoner sydkoreanska won, vilket är 19 procent bättre jämfört med samma period föregående år. Det är även bättre än marknadens förväntningar på 61,3 biljoner sydkoreanska won. Om Samsung har rätt i sina förväntningar kommer det bli de bästa försäljningssiffrorna för ett andra kvartal någonsin.
will be a powerful alternative to the new york stock exchange in the coming years when it comes to tech flirtations. russ shaw, great to have you on the programme. thank you. let s get some of the day s other news. korean electronics giant samsung estimates a more than 50 per cent rise in its operating profit for the quarter ending june, bolstered by a strong demand for seminconductor chips. samsung is one of the world s largest computer chipmakers, alongside intel and taiwan s tsmc. the uk government wanted the decision over whether greensill capital could take part in an emergency lending scheme to be prioritised, a watchdog said. the department for business showed an unusual level of interest in the finance firm s accreditation, according to the national audit office. the government said there was no suggestion ministers or officials made efforts to influence the decision. two of the world s biggest airlines will trial fast track lanes at heathrow airport for fully vaccinated arriva
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