Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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Dec 5 9:30 AM EST

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To: StanX Long who wrote (4164)	11/22/2002 1:21:59 PM
From: Proud_Infidel	Read Replies (1) of 25522

Samsung's Q3 sales flat, expects growth in Q4 Semiconductor Business News (11/22/02 01:08 p.m. EST) SEOUL--Citing a surge in the memory markets, South Korea's Samsung Electronics Co. Ltd. posted sales of $8.2 billion (9.92 trillion won) for the third quarter of 2002, up 37% from the like period a year ago, but flat from the previous period, according to a report from the Dow Jones News Service. The electronics giant also reported a net of $1.4 billion (1.73 trillion won), a fourfold jump from the like period a year ago, but flat from the previous quarter, according to the report. In the fourth quarter, Samsung's revenue is expected to hit $8.25 billion (10 trillion won). For the year, it is expected to report a profit of $6.1 billion (7.4 trillion won) on sales of $33 billion (40 trillion won).

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