Samsung electronics Co. Ltd. is expected to report a best-ever quarterly profit for the second quarter, with the soaring memory chip sales by pushing it earlier than Intel Corp.
most semiconductor maker, whose income that the first time. the world's largest memory chip maker is the largest beneficiaries soaring demand for handling firepower on smartphones and servers, which is fueled industry Super-cycle in the middle of a limited growth. underline dominant position, Samsung said, July 4th. it intends to invest some of $ 18.6 billion South Korea, because it aims to expand its lead to the memory chips and the next generation looks for smartphones. South Korean Tech giant, Asian the third largest the company's market capitalization, is now ready to knock Intel off the global semiconductor market share rankings that the first time since 1991 from "from the second quarter, Samsung will No. 1 in market share due to recent increase in the data centers and demand for solid state drives," nh investments and Securities analyst Peter Lee wrote note customers. Samsung April-June operating profit is expected to leap 67 per cent of the previous year is 13.1 trillion won ($ 11.4 billion), a new high according to the average forecast from Thomson Reuters survey 18 analysts. the same survey waiting for July-September profit to be even higher 13.8 trillion won. solid sales Galaxy s8 smartphone launched in April likely provided other boost, holding company in the rival Apple Inc., such as the world's top smartphone maker.the s8 performance is convinced investors by the nerves were shaken last year, which expensive withdrawal Samsung's a premium Galaxy note 7 due to fire-prone to batteries. Samsung shares of trade close to a record 2.35 million won each than 4 July. they have received 30 per cent so far this year, on 43 per cent rise in 2016. in pipeline "Galaxy s8 series is out of more than 2 months now and we will see similar traction control than Galaxy s7 series," counterpoint analyst Tom Kang said. Samsung would be to sell about 49 million s8s by the end of the first throughout the year release, according to the first year sales Galaxy s7, he said. Samsung is also preparing to reveal the Galaxy note 8 August, source told Reuters, restoration of the company's schedule market moving gadget releases after a suspension of note 7 collapse. the company to give the result of guidance early 7 July, but not disclose information on the performance, until the end of July. Nomura was forecasted DRAM chip prices will continue to rise in the second half of 2017 is due to limited and a strong demand driven by servers. demand for solid state drives (SSD) and smartphones could keep profits producers NAND semiconductors despite easing the production of the bottleneck,
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