Samsung forecasts Q1 profit up 57.6%

Samsung Electronics forecasts a $14.7 billion Q1 profit – 57.6% up on Q1 2017. Q1 revenues are expected to be up 18.7% y-o-y at $56.4 billion. The semiconductor division is expected to contribute $10 billion of the overall $14.7 billion profit on the back of the surge in memory ASPs and a reduction in memory ...

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