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Tag: memory
Samsung Q3 results fall on memory chip slump, smartphones still shine
2019-10-31 08:21:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics saw its net profit for the third quarter halve, to KRW 6.29 trillion from KRW 13.15 trillion a year ago, hurt by the slump in memory chip prices and lower TV sales. Revenues fell 5.3 percent to KRW 62.0 trillion, as the decline in chips and consumer electronics offset growth in smartphones and mobile displays.
Tags: results
still
fall
memory
Samsung profit halves in Q2 on weak memory market, lower phone margins
2019-07-31 08:52:00| Telecompaper Headlines
(Telecompaper) Samsung's net profit in the second quarter more than halved, to KRW 5.18 trillion from KRW 11.04 trillion a year ago, due to a fall in results at its semiconductor business and lower profitability in smartphones. The company's revenues fell 56 percent to KRW 56.13 trillion, led by the decline in memory products.
Tags: phone
market
lower
memory
Renesas develops new flash memory technology for automotive based on next-generation 28nm process
2019-06-13 09:57:09| Green Car Congress
Tags: based
technology
process
flash
Toshiba Memory to buy back preferred shares from Apple, Dell, others for USD 4 bln - report
2019-05-20 14:44:00| Telecompaper Headlines
(Telecompaper) Toshiba Memory, bought last year by Bain Capital, is hoping to buy out the preferred shares held in the company by Apple, Dell, Kingston Technology and Seagate Technology for over 4 USD , the Wall Street Journal reported, with sources estimating the deal at over USD 4 billion. The transaction will come under a refinancing plan worth JPY 1.3 trillion, or USD 11.8 billion, from Japanese banks. The money will go towards buying back the shares and simplifying the capital structure. This will make it easier for Toshiba Memory to list itself, the sources said. The Japanese banks working on the refinancing plan include the government-owned Development Bank of Japan, set to buy JPY 300 billion worth of shares and debt.
Samsung Q1 profits fall on weak memory, display results, lower smartphone sales
2019-04-30 08:42:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics confirmed a sharp fall in profit in the first quarter, hurt by the drop in memory chip prices, losses at its display business and lower margins in smartphones after a revamp of its lower-end models. Samsung said it expects memory and display demand to improve from the second half of the year, but the smartphone and TV business will remain "challenging" due to the intense competition and uncertain economic environment.
Tags: results
sales
display
lower
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