Samsung Electronics beats expectations on Q3 net profit, as chip business narrows losses

Samsung Electronics beats expectations on Q3 net profit, as chip business narrows losses

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South Korean tech giant Samsung Electronics 005930, said its third-quarter net profit fell 38% on the year but more than tripled on the quarter to beat market consensus, as its semiconductor business narrowed losses amid signs of recovery in demand. The world’s largest maker of memory chips,…

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