SEOUL—Samsung Electronics Co. reported a boost in its second-quarter net profits Thursday, aided by a one-time gain in its display business and the continuing coronavirus-fueled bump in memory chip demand.
But the world’s largest smartphone and memory-chip maker is likely to face challenges, as the realities of the Covid-19 pandemic settle in. Large cloud computing companies that stockpiled chips so far may dial down their buying, while smartphone demand recovery may be slow in the near future.
... The Link LonkJuly 30, 2020 at 08:36AM
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Samsung Posts Second-Quarter Net Profit of $4.67 Billion - The Wall Street Journal
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