Report
Kazunori Ito
EUR 100.00 For Business Accounts Only

Samsung’s Profit Warning Does not Change our View of Expecting Memory Demand Recovery in 2020

On March 26, Samsung Electronics issued profit warning, which implies that its numbers for the March quarter will be lower than the market’s expectation, owing to the price decline on memories and display panels. Recent market research suggests that both DRAM and NAND price have dropped more than 20% from the previous quarter because of the weak demand and high inventory level, which is above our forecast of assuming a low to midteens percentage decline. We were expecting that Samsung’s operatin...
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.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kazunori Ito

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