Samsung Electronics says weak chip demand pushed fourth-quarter profit well below market estimates

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SEOUL: Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a ...

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung Elec says weak chip demand pushed Q4 profit well below market estimatesSEOUL: Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung Electronics flags profit drop on weak chip demandSouth Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung Electronics flags first profit drop in two years on weak chip demandSouth Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary. Weaker earnings at the world's biggest maker of smartphones and semiconductors
Source: YahooSG - 🏆 3. / 71 Read more »

Samsung Electronics flags first profit drop in two years on weak chip demandSEOUL: South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

South Korea's LG Electronics says fourth-quarter profit likely fell 80 percent, missing estimatesSouth Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely fell 80 percent from the same period a year earlier, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung Electronics braces for profit drop as China slowdown chips away at demandSamsung Electronics Co Ltd is set to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung warns profits will likely drop 29% on weak chip demandSEOUL : Samsung Electronics surprised the market yesterday with an estimated 29 per cent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to 'ease confusion' among investors. The South Korean company also said profit would remain subdued in the...
Source: thenewpaper - 🏆 7. / 63 Read more »

LG Electronics sees 80% drop in fourth-quarter profit; analysts point to thinning TV marginsSEOUL: South Korea's LG Electronics said on Tuesday (Jan 8) its fourth-quarter operating profit likely plummeted 80 per cent from the same period ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV marginsSouth Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely fell 80 percent from the same period a year earlier, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Alphabet fourth-quarter revenue, profit beat estimatesAlphabet Inc beat Wall Street estimates for fourth-quarter revenue and profit on Monday, as advertisers spent more on its Google search and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »