Report
Kazunori Ito
EUR 100.00 For Business Accounts Only

Samsung’s Preliminary Numbers Imply Memory Headwinds in 2019, but Downside to its Shares Is Limited

Samsung Electronics’ preliminary result for the December quarter was weaker than anticipated, suggesting there will be headwinds to the memory business in first-half 2019. Revenue of KRW 59 trillion and operating income of KRW 10.8 trillion for December quarter are below our forecast of KRW 64 trillion and KRW 14.5 trillion, respectively. However, we consider that the numbers are within the market’s latest expectations, as: 1) Samsung’s preliminary results are in line with Micron’s November quar...
Underlying
Samsung Electronics Co. Ltd. Sponsored GDR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Kazunori Ito

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