Report
Kazunori Ito
EUR 100.00 For Business Accounts Only

Memory Recovery is Mostly Embedded to the Share Price; Retain Samsung’s FVE of KRW 51,000

Samsung Electronics’ earnings guidance was fairly in line with our forecasts, excluding the one-time factor. The company announced its operating income for the June quarter will be approximately KRW 6.5 trillion, a 56% drop from the previous year, but still above our forecast of KRW 6 trillion. However, while the company did not disclose the breakdown, it suggested there were some one-off gains in the display business and we therefore assume the semiconductor business continued to be weak in the...
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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We have operations in 27 countries.

Analysts
Kazunori Ito

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