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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

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Dec 9 4:00 PM EST

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From: Elroy	3/26/2019 5:46:43 AM
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Samsung Warns on Q1 Profit As Weak Memory, Smartphone Demand Weighs on Chipmaker Samsung Electronics warned that its first quarter profits, already hit by slowing semiconductor sales and limp smartphone demand, would likely miss estimates as the world's biggest chipmaker provided a rare pre-earnings update to market regulators Tuesday. The company also said inventory overhangs for memory, including DRAM chips, "are likely to exceed previous expectations amid overall weak demand under seasonality", but would pick up over the second half of the year.

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