Samsung Electronics' Operating Profit Expected to Exceed 40-Year Total
On July 6, ahead of the preliminary second-quarter performance report set to be released on July 7, the head of Samsung Electronics' semiconductor business strategy expressed optimism during a related meeting on July 3, stating that 'this year's operating profit will exceed the cumulative profit of the semiconductor business over the past 40 years.' The market currently expects Samsung Electronics' total operating profit for 2026 to be around 300 trillion won, with the consensus expectation for the second-quarter operating profit reaching 84.6 trillion won.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Trades Around $86K as FOMO Hits Highest Level Since 2024
siRNA rising star ADARx (ADRX.US) launches $350 millions IPO, AbbVie subscribes to 4.9% of shares with a maximum investment of $100 millions
ADARx plans to raise $350 millions and list on Nasdaq. AbbVie will invest up to $100 millions to acquire a 4.9% stake, with a median valuation of $1.8 billions.
Roche (RHHBY.US) weight loss injection shows positive mid-term trial results: average weight loss of 15.5% over 48 weeks, blood sugar levels drop by 2.65%.
The experimental weight-loss injection enicepatide simultaneously lowered blood sugar and body weight in overweight or obese patients with type 2 diabetes during a mid-stage clinical trial.
SPAC company Silicon Valley Acquisition II (SVATU.US) applies for US stock IPO, aiming to raise up to 220 millions USD.
The blank-check company (SPAC) Silicon Valley Acquisition II submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to 220 millions USD through an initial public offering (IPO).
Crypto prices
More
