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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: niek who wrote (20868)10/16/2006 1:04:26 AM
From: niek  Read Replies (3) | Respond to of 25522
 
Samsung Elec Q3 profit jumps on chips, phones

Mon Oct 16, 2006

SEOUL, Oct 16 (Reuters) - Samsung Electronics Co. Ltd. on Monday beat forecasts with a 16 percent rise in quarterly net profit as brisk demand boosted computer memory chips, while sleek new mobile phones led a handset sale rebound.

Samsung, the most valuable technology company outside the United States, should post another quarter-on-quarter earnings improvement in the October-December period thanks to sustained momentum in semiconductors.