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Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%4:00 PM EST

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From: Donald Wennerstrom1/31/2018 1:54:08 PM
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Samsung is making a lot of money on chip sales:

androidheadlines.com


Samsung is boasting record profit from chip sales in the fourth quarter of 2017, noting that both its earnings and its operating profit have reached record high quarterly numbers, with the earnings amounting to 65.98 trillion won and the operating profit amounting to 15.15 trillion won.

Samsung’s report mentions that semiconductor sales reached 21.1 trillion won, and it also highlights that chip sales were a driving factor in helping the company turn a huge profit, also stating that it expects 2018 to offer up strong chip sales as well.

Its memory chips weren’t the only area where Samsung saw success. It also reported healthy sales from its flexible OLED panels, which reached a total quarterly sales of 11.18 trillion won.
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