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Samsung To Keep Up Chip Investment, Undeterred By 8-year-low Profit

South Korea s Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a ....

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Samsung has no plan to cut investment in chips this year

Samsung Electronics indicated it has no plan to cut investment in chips this year, Reuters news report said. ....

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LG Display to end LCD TV panel production as early as year-end

LG Display, a major Korean display maker, is expected to stop producing liquid-crystal display (LCD) panels for TV by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals. ....

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Samsung Quarterly Profit Set To Slump 25%, First Decline In Nearly Three Years

Samsung Electronics Co Ltd s third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn saps demand for electronic devices and the chips that power them. ....

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