Thursday, July 12, 2007

UPDATE 2-Samsung Elec Q2 profit hurt by DRAM; outlook strong

(Reuters) - SEOUL, July 13 - Samsung Electronics ,
the world's top memory chip maker, reported a smaller-than
expected 5 percent drop in quarterly profit on Friday as a
steep fall in computer memory chip prices overshadowed
improvements in flat screens.




But the outlook for the second half is brighter, with the
market for dynamic random access memory chips, used in
personal computers, expected to recover on the back of seasonal
demand, while the mobile phone and display units should
improve.


Read more at Reuters.com Mergers News

No comments: