Samsung Q2 profits up 26%; semi capex budget $12.4 billion

This post was originally published on this site

Samsung Electronics has reported a Q2  operating profit of $6.86 billion up 26% sequentially and 23% y-o-y. The profits growth came mainly from chips and displays. Revenue was $44.5 billion down 4% sequentially any and 6% y-oy. The company’s semiconductor capex budget this year is $12.4 billion. Earnings from Samsung’s memory business improved in Q2, …

This story continues at Samsung Q2 profits up 26%; semi capex budget $12.4 billion

Or just read more coverage at Electronics Weekly