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NEWS TAGGED OPERATING PROFIT
Monday 18 November 2024
Quanta's 3Q24 profit hits record highs, boosted by AI servers and FX gains
Quanta has capitalized on surging AI demand, achieving record-breaking revenue and profit in the third quarter of 2024. Revenue soared nearly 50% compared to the same period last...
Monday 11 November 2024
SK On achieves first-ever profit, powered by 4 key success factors
SK On, SK Innovation's battery manufacturing subsidiary, posted its first quarterly operating profit of KRW24 billion (approx. US$17.19 million) since becoming independent in October...
Monday 4 November 2024
LG Innotek and Semco underperform for 3Q24; both pin their hopes on AI
The two major South Korean component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have released their financial reports for the third quarter of 2024, with performance...
Friday 1 November 2024
Samsung DS division's 3Q24 operating profit falls 40%; foundry and system LSI losses mount
Despite achieving record revenue in the third quarter of 2024, Samsung has reported a significant decline in its semiconductor operating profit, which fell by 40% compared to the...
Thursday 31 October 2024
EMC reports strong performance in 3Q24, plans capacity expansion for 2025
EMC, a leading manufacturer of environmentally friendly high-grade copper clad laminates (CCL), has announced its financial results for the third quarter of 2024. The company reported...
Thursday 31 October 2024
Samsung breaks record in sales in 3Q24, memory business still falls short
Samsung Electronics achieved a historic high in revenue for the third quarter of 2024. Yet, overall operating profit fell short of market expectations, primarily due to one-time expenses...
Thursday 31 October 2024
Former Samsung talent flock back to SK Hynix amidst shattering profit records
SK Hynix has demonstrated impressive performance, attracting former employees who had moved to Samsung Electronics (Samsung) back to its ranks. South Korean media analysis indicates...
Friday 25 October 2024
SK Hynix dismisses HBM oversupply concerns, deepens TSMC partnership for HBM4 development
SK Hynix delivered a record-breaking performance in the third quarter of 2024 with both revenue and operating profit reaching all-time highs, driven largely by its dominance in high...
Thursday 24 October 2024
SK Hynix announces 3Q24 financial results
SK Hynix announced today that it recorded KRW17.5731 trillion (approx. US$12.7458 billion) in revenues, KRW7.03 trillion in operating profit (with an operating margin of 40%), and...
Wednesday 16 October 2024
Samsung struggles with unions on both domestic and international fronts amid profit slump
Samsung Electronics reported an operating profit of less than KRW10 trillion (approx. US$7.42 billion) for the third quarter of 2024. In addition to its poor financial performance,...
Wednesday 16 October 2024
Samsung Galaxy S25 faces AP choice dilemma, with early November as final deadline
Samsung Electronics is currently grappling with the choice of application processors (AP) for its Galaxy S25 series, but time is running out to make the final decision.
Friday 11 October 2024
Samsung's HBM3E delays could shift memory market lead to SK Hynix
Samsung Electronics reported consolidated revenue of KRW79 trillion (about US$58.6 billion) and an operating profit of KRW9.1 trillion for the third quarter of 2024, missing market...
Tuesday 8 October 2024
Samsung reports weaker-than-expected 3Q24 operating profit; lags in HBM supply for Nvidia
Samsung Electronics has reported a weaker-than-expected operating profit for the third quarter of 2024, with experts attributing this shortfall to the company's lagging position in...
Monday 2 September 2024
LG Electronics to move beyond home appliances, eyes growth potential in B2B business
LG Electronics CEO William Cho has announced that by 2030, 52% of the company's revenue and 76% of its profits will come from the business-to-business (B2B) sector. Subscription services,...
Wednesday 14 August 2024
Japanese wafer majors report falling sales amid slow chip recovery
Shin-Etsu Chemical and Sumco, which account for approximately 50% of the global wafer market, have both reported a decline in demand for the April-June 2024 quarter compared to the...
megawin
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research