Samsung Electronics profit to grow by 85%
Goldman Sachs forecast yesterday that Samsung Electronics Co., the world’s largest memory-chip maker, will post an 85 percent growth rate in its second-half operating profit compared with six months earlier thanks to the sales of flash memory and flat panel products.Goldman Sachs estimated Samsung Electronics’ operating profit during the July to December period at 3.9 trillion won ($4.1 billion), mainly from the robust sales of flash memory and liquid crystal display panels, it added.
Forecasts of Samsung’s sales and net profit were not unveiled.
Yonhap
with the Korea JoongAng Daily
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