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AI Boom Boosts CEO Of Korean Semiconductor Equipment Maker To Billionaire Ranks

[ANALYSIS] With Lee s release from prison, Samsung shares set to rise

[ANALYSIS] With Lee s release from prison, Samsung shares set to rise
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[ANALYSIS] With Lee s release from prison, Samsung shares set to rise

[ANALYSIS] With Lee s release from prison, Samsung shares set to rise Posted : 2021-07-30 14:51 Updated : 2021-07-30 15:22 Samsung Electronics Galaxy smartphone inside one of its official stores in Korea is seen in this photo, last week. Yonhap Investors anticipate updates in Samsung s future plans By Kim Yoo-chul All of the company s numbers ― from profit margin and operating profit to sales ― are strong, and analysts have no big questions over its business outlook for the rest of the year. However, Samsung Electronics shares have been trapped in a boxed-in range for more than five months. Samsung, the country s largest conglomerate, posted a net income of 9.45 trillion won (approximately $8.3 billion) for the three months ending in June. Operating profit spiked more than 50 percent, year-on-year. These figures were far higher than earlier analyst estimates. In a conference call to investors, after releasing the breakdown of its quarterly divisional performances, Sams

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