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Clariant : Analyst Presentation Q1 2023 20230505 EN (2 11 MB)

Samsung Sounds Note of Caution as Profit Tops Estimates

Samsung Sounds Note of Caution as Profit Tops Estimates Bloomberg 3 hrs ago © Bloomberg Inside Samsung Electronics Digital Plaza Store Ahead of 4th Quarter Figures (Bloomberg) Samsung Electronics Co. beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic. South Korea’s largest company reported net income of 7.1 trillion won ($6.4 billion) for the three months ended March, beating the 6.7 trillion won average of estimates compiled by Bloomberg. Revenue rose 18% for the period. The Suwon-based conglomerate has been riding a boom in stay-at-home demand for smartphones, PCs, home appliances and cloud services. But Samsung lost out on chip sales when a factory in Austin, Texas, was knocked offline, exacerbating shortages that have hit companies around the world. Just before the company’s results, major automakers Ford Motor Co. and BMW AG warned of deep

Samsung Profit Tops Estimates as Gadget Sales Soar in Pandemic

Samsung Profit Tops Estimates as Gadget Sales Surge

Samsung Sounds Note of Caution as Profit Tops Estimates Bloomberg 27 mins ago © Bloomberg Inside Samsung Electronics Digital Plaza Store Ahead of 4th Quarter Figures (Bloomberg) Samsung Electronics Co. beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic. South Korea’s largest company reported net income of 7.1 trillion won ($6.4 billion) for the three months ended March, beating the 6.7 trillion won average of estimates compiled by Bloomberg. Revenue rose 18% for the period. The Suwon-based conglomerate has been riding a boom in stay-at-home demand for smartphones, PCs, home appliances and cloud services. But Samsung lost out on chip sales when a factory in Austin, Texas, was knocked offline, exacerbating shortages that have hit companies around the world. Just before the company’s results, major automakers Ford Motor Co. and BMW AG warned of de

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