Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 04 October 2013 07:43

Samsung set to post record earnings

Written by Nick Farrell



Rebound of semiconductor business

Samsung is set to post its second consecutive year of record earnings. The company is seeing a rebound in its semiconductor business which has protected it from a slower smartphone market.

The global chip market has rallied since late 2012 due to a supply shortage and conversion of factory capacity to produce cheaper chips used in smartphones and tablets. A fire in early September at a China plant owned by SK Hynix also helped Samsung’s bottom line.

At the moment there is no serious competitor for Samsung in the memory business and this is going to help the company survive what might have been a dire year. Samsung is estimated to post an operating profit of $35.85 billion this year, up a third from 2012.

Contract DRAM chip prices jumped 9 percent in the second half of September from the first half of that month while spot prices soared 37 percent. UBS estimates supply of DRAM chips by SK Hynix would shrink by 14 percent in the fourth quarter, plunging the overall DRAM market into a supply deficit of some 7 percent.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments