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Samsung Electronics third-quarter profit seen at record, but peaking, as chips shine

October 2, 2018

Via: Reuters
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The July-September quarter is, however, expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end, with prices of some types of chips already sliding sharply.

The world’s top memory chipmaker, due to report preliminary results on Oct. 5, is forecast to book an 18 percent surge in operating profit to 17.2 trillion won ($15.5 billion), a Refinitiv poll of 15 analysts showed. Revenue is seen climbing 3.7 percent.

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