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NEWS TAGGED OPERATING PROFIT
Tuesday 4 February 2025
Samsung bets on Galaxy S25 launch after weak mobile earnings
Samsung Electronics reported disappointing fourth-quarter 2024 results for its Mobile Experience (MX) and Network (NW) divisions, as new product sales failed to meet expectations...
Tuesday 4 February 2025
Samsung DS faces challenges, with hope to recover in 2Q25
Samsung Electronics' Device Solutions (DS) division has reported weaker-than-expected earnings for the fourth quarter of 2024, grappling with a series of challenges that have raised...
Monday 3 February 2025
Samsung to launch enhanced HBM3E in 1Q25, doubles supply target
Samsung Electronics (Samsung) plans to release an enhanced version of HBM3E as it works to close the gap with SK Hynix in HBM supply and DRAM development. The company aims to double...
Friday 24 January 2025
LG eyes IPO for Indian unit as revenue growth targets nearly 10%
LG Electronics' Indian subsidiary experienced a revenue surge of almost 10% in 2024. The company remains on course with its plans to launch an IPO in India, aiming to take advantage...
Friday 24 January 2025
SK Hynix confident in HBM4, prepares for 1c DRAM mass production
SK Hynix is poised to achieve a record-high operating profit in 2024, potentially surpassing Samsung Electronics (Samsung) for the first time. The company maintains its optimistic...
Friday 24 January 2025
TI outperforms market expectations despite a downturn in automotive and industrial sectors
Texas Instruments (TI)'s latest financial results for the fourth quarter show a nuanced performance, with overall revenue slightly declining yet exceeding market forecasts, indicating...
Thursday 23 January 2025
SK Hynix hits record 2024 revenue on AI memory surge
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, yielding a 35% margin. Net income reached KRW19.8 trilli...
Friday 17 January 2025
Wistron hits $33 billion revenue milestone, powered by AI server growth and margin gains
Wistron announced its consolidated financial results on January 16, 2025, reporting a record-breaking annual revenue that exceeded NT$1 trillion (US$33.3 billion) for the first time,...
Wednesday 15 January 2025
Yaskawa Electric revises profit forecast downward as semiconductor demand slips
Japanese robotics giant Yasukawa Electric has revised its fiscal year 2024 consolidated operating profit forecast, projecting a 12.4% year-on-year decline to JPY58 billion (approximately...
Wednesday 8 January 2025
Kyocera to divest US$1.27 billion in non-core business amid 3-year profit decline
Kyocera, a leading Japanese electronic components manufacturer, plans to divest 10% of its consolidated revenue, valued at approximately JPY200 billion (US$1.27 billion), by the end...
Wednesday 8 January 2025
LG Electronics reports preliminary financial results: 2024 revenue hits record high, Q4 profits fall short of expectations
LG Electronics (LG) has released its preliminary financial results for 2024, showcasing impressive annual revenue figures. However, the operating profit for the fourth quarter saw...
Wednesday 8 January 2025
Samsung preliminary results fall short of expectations
Samsung reported mixed financial results, with fourth quarter 2024 revenue of KRW75 trillion (US$51.26 billion) showing growth amid an operating profit decline, impacted by weak mobile...
Thursday 2 January 2025
Samsung bets on high-value memory to counter CXMT amid DRAM slump
Samsung Electronics' Device Solutions (DS) division is revising its production strategy as falling DRAM prices and weak IT demand weigh on profits. South Korean securities firms have...
Tuesday 31 December 2024
Samsung awards DS division with bonuses of up to 16% in 2024
Samsung Electronics has reportedly announced the distribution of Overall Performance Incentives (OPI) across its departments. The Device Solutions (DS) division, finally turning a...
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...