Samsung Poised for Historic USD 73.4 Billion Quarterly Operating Profit on Memory Demand Surge
5 Articles
5 Articles
Samsung Poised for Historic USD 73.4 Billion Quarterly Operating Profit on Memory Demand Surge
Get latest articles and stories on Business at LatestLY. Samsung Electronics is set for a record 100 trillion won (~USD 73.4 billion) quarterly profit on a memory boom, according to a news report by The Korea Herald. The South Korean tech giant is poised to cross the milestone in operating profit for the July-September period, driven by surging sales of memory semiconductors. Business News | Samsung Poised for Historic USD 73.4 Billion Quarterly…
Samsung Electronics will announce its preliminary third-quarter earnings this week (October 5–9). The minutes from the September Federal Reserve meeting, which could influence U.S. Treasury yield movements, are also scheduled to be released. Expectations for corporate earnings are expected to intertwine with caution regarding macroeconomic variables such as Treasury yields and international oil prices. Last week (September 28–October 2), the dom…
Attention is focused on whether Samsung Electronics will record a quarterly operating profit of 100 trillion won for the first time in history during the third quarter (July–September) of this year. Samsung Electronics is scheduled to announce its "preliminary operating results for the third quarter of this year" on the 8th. According to data compiled by financial information firm FnGuide on the 4th, Samsung Electronics' third-quarter revenue an…
Samsung Electronics is projected to become the first Korean company to usher in an era of 100 trillion won in quarterly operating profit. Driven by a boom in memory semiconductors fueled by expanding demand for artificial intelligence (AI), it is highly likely to break its all-time record for performance once again, following the second quarter. Industry and market attention is shifting beyond the "100 trillion won milestone" to whether the grow…
Attention on Samsung Electronics' Q3 earnings announcement… KOSPI forecast to be between 6,500 and 7,500.
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