Market Worries About Price Decline of Memories, Rich Dividends Will Support Samsung's Share
Samsung Electronics' operating income for the June quarter was KRW 14.9 trillion, which was below our forecast of KRW 15.4 trillion. Despite the price decline on NAND flash memories, Samsung's operating margin for the device solutions segment reached a historical high of 42.2%, slightly above the previous quarter of 41.5%, which was driven by the robust DRAM demand. Demand for servers remained strong, and content growth for smartphones also supported the growth, which we believe will continue in...
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