Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

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

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments