Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (84973)	4/29/2020 5:51:40 PM
From: Sam	3 Recommendations Recommended By oldbeachlvr Return to Sender The Ox Read Replies (1) of 95378

Samsung says that the server business should remain strong which is at least one reason why Micron and WDC were so strong today. APRIL 28, 2020 / 8:12 PM / UPDATED 13 HOURS AGO Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs Hyunjoo Jin, Heekyong Yang 3 MIN READ SEOUL (Reuters) - 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. The South Korean conglomerate joined other tech giants such as SK Hynix and Intel in declining to provide annual forecasts because of the uncertainty about the duration of the pandemic. It said that while work-from-home orders and the related growth in online learning would underpin demand for memory chips, the outlook for smartphones and TVs was bleak as consumers put off discretionary spending. “Even as such uncertainties persist, overall conditions in the memory industry are likely to be favorable due to server and PC demand,” Han Jin-man, senior vice president at Samsung’s chip business, said during a conference call. continues at reuters.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next