Kakao Games’ second quarter performance fell short of expectations with a net profit of 400 million won ($350,000) that fell 97.7 percent from a year earlier. The market consensus for net, according to data compiled by FnGuide, was ...
Naver’s performance in the second quarter breezed past expectations, with steady growth across a range of businesses including advertising, commerce and selling of content like webtoons.
LG Electronics predicted a 65.5 percent surge in operating profit for the second quarter as strong sales of consumer electronics -- minus its money-losing phone business -- bolstered earnings.
Samsung Electronics reported a preliminary 53.4 percent rise on year in quarterly operating profit as demand for chips balanced weakness in the mobile communications business.
Samsung Electronics provisionally reported a 12.5 trillion won ($11.0 billion) operating profit in the second quarter, up 53.4 percent on year, on strong demand for computer chips.
Naver pulled off a record quarterly high in sales and an over two-fold increase in net profit in the second quarter as increased online content consumption in the wake of the coronavirus pandemic fueled growth for the internet giant.
Samsung Electronics reported an unexpectedly high profit in the second quarter, as extensive cost-cutting measures partnered with robust demand for memory chips and electronic appliances kept the company firmly in the green despite the pandemic.
LG Display continued to lose money in the second quarter, beset by falling demand for televisions and smartphones in the wake of the coronavirus pandemic and stagnant prices of liquid crystal display panels.
SK hynix beat market expectations in the second quarter as solid demand for server chips and computing storage devices balanced weak smartphone memory chips sales.
Samsung Electronics outperformed analyst expectations in the second quarter thanks to a stunning comeback by its semiconductor business and a one-time gain in the display division.