Chipmakers in Asia fell as South Korean conglomerate Samsung Electronics saw its worst profit decline since the third quarter of 2014.
South Korean conglomerate Samsung Electronics saw its worst profit decline since the third quarter of 2014.
Stocks of chipmakers in Asia saw losses as Samsung went against expectations and announced to continue capital expenditure in the upcoming year. Attendees wait in line beneath a large LED display of smart connected home products to enter the Samsung Electronics booth, during the Consumer Electronics Show in Las Vegas, Nevada, on January 6, 2023.Shares of semiconductors in Asia fell as South Korean chip giant Samsung Electronics saw its worst profit decline since the third quarter of 2014.
Its fourth quarter operating profit fell to 4.31 trillion won — a 69% drop from the same period a year ago, when it raked in 13.87 trillion won.Operating profit for the final three months of 2022 was the lowest since the quarter that ended in September 2014, when it recorded 4 trillion won.Stocks of chipmakers in Asia saw losses as Samsung announced it willThe company was widely expected to pull back on further spending as global demand worsened.
Shares of Samsung Electronics fell by 3.6% in Seoul's trading session on Tuesday. Rivals like SK Hynix also fell more than 2%, while
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Samsung’s Buds2 Pro Are Smaller and Sound BetterWIRED Excellent sound from dual dynamic drivers. Great noise canceling. Two beam-forming mics for quality calls. TIRED You're unlikely to use Samsung-specific gimmicks like Bixby and 360 Audio. Be sure to join us for SamsungUnpacked2023 on Feb. 1
Leer más »
Gautam Adani: Asia's richest man in the eye of a stormIndia's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly his biggest challenge after shares in his companies slumped when a U.S. short seller cast doubts on their business practices.
Leer más »
Slam Dunk's Movie Is Causing Basketball Fever in AsiaSlam Dunk recently made a major comeback overseas with a brand new feature film written and [...]
Leer más »
Samsung’s entry model Galaxy S23 could feature slower storage | EngadgetA new leak suggests Samsung's base model Galaxy S23 could ship with UFS 3.1 storage, instead of the company's newer and faster UFS 4.0 standard..
Leer más »
Asia markets fall as China stocks set for bull run on return from holidayChinese stocks are poised to enter a bull market as traders return after a week-long New Year holiday — the CSI 300 gained more than 19% from its recent lows seen at the end of October last year.
Leer más »
Asia shares brace for rate hikes, earnings rushInterest rates, tech earnings and jobs and wage data are in traders' sights.
Leer más »