Memory Drives Record 4Q for Samsung; DRAM Prices to Rise, NAND May Fall
Samsung has again announced very strong quarterly earnings guidance for operating profit to rise 58% year on year and 4% sequentially to approximately KRW 15.1 trillion for the fourth quarter. Revenue of around KRW 66 billion would also be up 24% year on year. Quarterly revenue and operating profit would both be record highs for Samsung. This guidance offered no other details apart from revenue and operating profit, and we retain our fair value estimate of KRW 2.5 million per share but increase ...
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