Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%

October 31, 2019 admin Business News Comments Off on Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%

Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from memory price declines amid a prolonged industry downturn.

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Source:: Reuters – Business News