Samsung Electronics Sees Signs of Recovery in Memory Chip Market with Q3 Profit Beat
Samsung, the South Korean tech giant, reported a preliminary third-quarter profit drop of 78%, which, while significant, is not as severe as expected. This, according to experts, is an indication that the battered memory chip market might be on the path to recovery. The company’s estimated operating profit for the quarter was 2.4 trillion won … [Read more…]