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Korea Investment & Securities: Samsung's Long-Term Memory Chip Contracts Expected to Improve Profit Outlook
2 day ago /
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Author：小编
On July 31, Korea Investment & Securities noted that Samsung Electronics is gradually shifting towards long-term supply contracts for memory chips, a move that enhances profit visibility and signals stronger profit growth. With memory chip prices surging significantly, Samsung's second-quarter performance exceeded expectations. Meanwhile, newly signed agreements with hyperscale cloud service providers help stabilize its demand and capacity utilization. Based on this, the firm raised Samsung's target price by 10% to KRW 650,000, maintaining a 'buy' rating to reflect the improved profit outlook and potential upside in HBM pricing.
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