Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (61966)	3/13/2002 12:16:39 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Samsung Sees Higher Phone Sales; Cautious on Chips (Update1) By Iain Pocock quote.bloomberg.com Taipei, March 13 (Bloomberg) -- Samsung Electronics Co. said it expects to sell 13 percent more cell phones this year than it forecast in January, though it wasn't as upbeat on the outlook for memory chip sales. The Korean company, the world's fourth-largest maker of cell phones, said it expects to sell 36 million handsets this year after selling an average 3 million handsets a month in January and February. ``We could even go over that at the pace we're seeing now,'' Chu Woo Sik, vice president of investor relations at Samsung, said at an Asia-Pacific technology conference in Taipei. The company, also the world's biggest computer memory chipmaker, tempered its optimism on prospects for the chip industry, saying there may be a ``little oversupply'' in the second quarter.