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Institution: Memory Chip Prices Rise, Samsung Electronics' Q1 Performance May Exceed Expectations
2 day ago /
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Author：小编
On March 12, analysts from KB Securities stated that due to the rise in memory chip prices, Samsung Electronics' first-quarter performance may exceed expectations. Analysts led by Jeff Kim pointed out in a research report that Samsung Electronics' operating profit from January to March is estimated to be approximately 40 trillion Korean won, higher than the market expectation of 35 trillion Korean won compiled by FnGuide. This figure represents a fivefold increase year-on-year and a doubling from the previous quarter. Analysts also noted that prices of the two main types of memory chips, DRAM and NAND, rose by 51% and 48% respectively in the first quarter, with increases expanding from 40% and 25% in the previous quarter.
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