Samsung Q2 profit falls on chip price tumble
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Samsung Electronics , the world's top memory chip maker, reported a smaller-than-expected 5 percent drop in quarterly profit on Friday after a steep fall in computer memory chip prices overshadowed improvements in flat screens.
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Shares of Texas Instruments Inc. dipped Tuesday, a day after the leading maker of chips for cell phones said it expected to grow in the second quarter but gave only a middling outlook for first-quarter profit.
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US technology shares tumbled on Friday after Intel Corp. , the world&#39;s No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.
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Shares in Asian liquid crystal display makers sank Tuesday after LG.Philips LCD, the industry&#39;s number two, reported a surprisingly large fall in profits and warned of a further slide in flat-screen prices.
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Samsung Electronics Co. Ltd. (005930.KS)  expects prices of liquid crystal display (LCD) panels to fall  about 10 percent in the second quarter from the previous  quarter, a company source said on Tuesday.
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Applied Materials Inc  on Tuesday posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry.
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Misty margin-filled memories SanDisk's second quarter profits sunk 71 per cent as the #1 flash memory manufacturer suffered through declining prices, but promised market stabilization is in the cards.â¦
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Europe&#39;s second-largest chipmaker Infineon Technologies AG has disappointed the market after its year-end results were lower than expected, hit by record antitrust fines and other charges.
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Samsung Electronics Co. Ltd.'s quarterly  profit jumped 46 percent from a year ago on strong memory chip  earnings, but fell from the previous quarter on sinking prices  of flat screens for TV and computers.
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Samsung Electronics Co. Ltd.&#39;s (005930.KS: Quote, Profile, Research) quarterly profit jumped 46 percent from a year ago on strong memory chip earnings, but fell
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Texas Instruments Inc  reported  lower quarterly profit and revenue on Monday as weak demand for  calculators outweighed improving sales of advanced phones that  use its wireless chips.
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The printer maker said its second-quarter profit declined 16 percent, to $64.2 million, on lower consumer segment sales and higher costs.
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The electronics giant reports a fall in profits at the same time as rivals Matsushita and Canon see their profits increase.
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The company said that one-time costs and a recall of Easy-Bake Ovens drove its second-quarter profit well below year-ago results.
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Flextronics International Ltd.,  the No. 1 contract electronics manufacturer, on Monday posted a  quarterly profit versus a year earlier loss but a weak forecast  due to weakening consumer and communications demand sent shares  down nearly 8 percent.
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Samsung Electronics, the world's top memory chip maker, reported its smallest quarterly profit in four years after steep declines in computer memory chip prices overshadowed improvements in flat screens.
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Growth in chip sales is set to halve next year due to a glut in the market, Korean chipmaker Samsung has warned. The firm said memory chips were in for a slowdown, with prices for flash memory set to fall as much as 40% in the three months to September.