Samsung's Net Falls 46% on Chip, Cellphone MarginsSamsung Electronics Co. reported a 46% drop in
second-quarter net profit, in line with expectations, as margins tightened for
its two biggest products -- cellphones and memory chips.
Samsung executives reiterated earlier forecasts for a
stronger second half of te year, citing a leveling off in the price of memory
chips used in computers and strong demand for the chips used in digital cameras
and music players.
Posted: Thu - July 14, 2005 at 11:44 PM WIR NewsStream by Piranha Daily News The Stream Previous Next |
Quick Links
Calendar
Categories
Search
Archives
XML/RSS Feed
Piranha Daily News
Statistics
Total entries in this blog: 1561
Total entries in this category: 1561 Published On: Sep 13, 2005 07:21 PM |