Stanford - loosers
advertisement Samsung Elec says memory business recovering fast Wed May 31, 2006 10:09 PM ET
SEOUL, June 1 (Reuters) - The semiconductor business of Samsung Electronics Co. Ltd. (005930.KS: Quote, Profile, Research), the world's top maker of memory chips, is recovering quickly, with rising margins and falling inventories, a top executive said on Thursday.
"Our memory business is recovering quite nicely, both in DRAM and NAND," Chu Woo-sik, Samsung's senior vice president for investor relations, told Reuters by telephone. FACT BOX 005930.KS (Samsung Electronics Co Ltd) Last: ?610,000 Change: -2,000.00 Up/Down: -0.33% JunSepDecMar Quote Full Chart Company Profile Analyst Research News for 005930.KS Samsung Elec says memory business recovering fast RPT-France Telecom to launch dual-mode phone in Sept. France Telecom to launch dual-mode phone in Sept. Click here to find out more!
Chu said profit margins in DRAM chips, used mainly in computers, were seen rising 3 percentage points in the second quarter from the first. © Reuters 2006. All Rights Reserved. |