#elec

9:36pm, 28th April, 2020

Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs

Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid.

Samsung Elec first quarter operating profit up 3% as chips soften virus blow

7:30pm, 28th April, 2020

News

Samsung Elec first quarter operating profit up 3% as chips soften virus blow

Samsung Electronics Co Ltd said its operating profit rose 3% in the January to March period, in line with its earlier estimate, as the stay-at-home trend due to the COVID-19 pandemic cushioned the virus blow.

LG Elec sees lower profit as mobile business stays in red, shares slip

2:15am, 5th April, 2019

News

LG Elec sees lower profit as mobile business stays in red, shares slip

LG Electronics Inc's operating profit likely fell by a smaller-than-expected 19 percent in the first quarter, even as losses in its mobile business and rising competition in the television segment pushed its revenue down to below consensus.

Samsung Elec flags earnings miss as chip prices slide

11:02pm, 25th March, 2019

News

Samsung Elec flags earnings miss as chip prices slide

Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance.

Samsung Elec sees green shoots in China smartphone business: co-CEO

12:23am, 20th March, 2019

News

Samsung Elec sees green shoots in China smartphone business: co-CEO

Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes in the world's biggest smartphone market.

Samsung Elec's mobile woes drag on profit growth

10:54pm, 30th July, 2018

News

Samsung Elec's mobile woes drag on profit growth

Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday due in part to weak sales of its Galaxy S9 smartphones, and warned of tougher competition ahead for the struggling mobile sector.

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Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs

Samsung Elec first quarter operating profit up 3% as chips soften virus blow

LG Elec sees lower profit as mobile business stays in red, shares slip

Samsung Elec flags earnings miss as chip prices slide

Samsung Elec sees green shoots in China smartphone business: co-CEO

Samsung Elec's mobile woes drag on profit growth

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