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Samsung Electronics second-quarter profit likely up 38% on strong chip prices

Samsung Electronics second-quarter profit likely up 38% on strong chip prices
By Joyce Lee
Reuters
SEOUL (Reuters) - Samsung Electronics Co Ltd likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.
Operating profit for the world s biggest memory chip and smartphone maker likely jumped to 11.3 trillion won ($10 billion), according to a Refinitiv SmartEstimate drawn from 20 analysts and weighted toward those who are more consistently accurate.
The South Korean tech giant s strong performance - coming despite it shipping fewer smartphones than in January-March - underscores the stratospheric demand for chips that has depleted stockpiles and filled production capacity. ....

Soult Ukpyolsi , South Korea , United States , South Korean , Heekyong Yang , Christopher Cushing , Sayantani Ghosh , Joyce Lee , Refinitiv Smartestimate , Samsung Electronics Co Ltd , Samsung Electronics , Electronics Co Ltd , Shinyoung Investment , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , கிறிஸ்டோபர் குஷிங் , மகிழ்ச்சி லீ , சாம்சங் மின்னணுவியல் இணை லிமிடெட் , சாம்சங் மின்னணுவியல் , மின்னணுவியல் இணை லிமிடெட் ,

Samsung Q2 2021 profit likely jumped 38% due to strong chip prices

Samsung Q2 2021 profit likely jumped 38% due to strong chip prices
gizmochina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizmochina.com Daily Mail and Mail on Sunday newspapers.

South Korea , United States , South Korean , Refinitiv Smartestimate , Samsung Electronics , Shinyoung Investment , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , சாம்சங் மின்னணுவியல் ,

Samsung Electronics : Q2 profit likely up 38% on strong chip prices

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SEOUL (Reuters) - Samsung Electronics Co Ltd likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.
Operating profit for the world s biggest memory chip and smartphone maker likely jumped to 11.3 trillion won ($10 billion), according to a Refinitiv SmartEstimate drawn from 20 analysts and weighted toward those who are more consistently accurate.
The South Korean tech giant s strong performance - coming despite it shipping fewer smartphones than in January-March - underscores the stratospheric demand for chips that has depleted stockpiles and filled production capacity. ....

South Korea , United States , South Korean , Heekyong Yang , Christopher Cushing , Sayantani Ghosh , Refinitiv Smartestimate , Joyce Lee , Shinyoung Investment , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , கிறிஸ்டோபர் குஷிங் , மகிழ்ச்சி லீ ,

Chip prices buoy Samsung profits

Chip prices buoy Samsung profits
techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.

South Korea , United States , South Korean , Heekyong Yang , Joyce Lee , Refinitiv Smartestimate , Samsung Electronics , A Samsung Electronics , Shinyoung Investment , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , மகிழ்ச்சி லீ , சாம்சங் மின்னணுவியல் ,