SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Samsung Electronics Co.,Ltd


Samsung sees DRAM supply-demand imbalance until Q4

Jul 20, 2001

SEOUL, July 20 (Reuters) - South Korea's Samsung Electronics said on Friday it expects demand in dynamic random access memory (DRAM) chips to stay below supply until the fourth quarter of the year.

Samsung vice-president for memory product marketing Kim Il-ung made the comment during an interview with reporters.

The world's largest computer memory chip maker on Friday posted a second-quarter net profit of 880 billion won ($675.8 million).

That was above analysts' forecasts but down from 1.24 trillion in the first quarter.

Sales in the second quarter fell to eight trillion won, down seven percent.

Samsung shares closed down 1,000 won at 176,000 but outperformed a 1.47 percent slide in the benchmark index.

($1=1302.0 won)

Copyright 2001, Reuters News Service

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Company Information:

Samsung Electronics Co.,Ltd

Suwon, South Korea

category: Manufacturer of Assembly Equipment

Manufacturer of automated optical measurement systems for the SMT industry.

Samsung Electronics Co.,Ltd website

Company Postings:

(10) news release(s)

(4) product(s) in the catalog

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Samsung sees DRAM supply-demand imbalance until Q4 news release has been viewed 1745 times

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