Samsung sees pickup in chip demand from new phones, second-quarter profit jumps
Samsung Electronics Co Ltd said on Thursday it expects a further pick-up in chip demand in the second half of the year, driven by new smartphone launches, but warned the coronavirus pandemic and trade disputes pose risks.
Samsung, the world`s top maker of memory chips and smartphones, posted a 23% jump in operating profit in the April-June quarter on the back of strong DRAM chip sales. Photo: Reuters