Chip market springs upward, industry’s profit increases 60%
IndustryApr 6, 2017
The operating profits of major semiconductor companies in South Korea are expected to have increased almost 60 percent in the January-March period.Securities firm FnGuide released the forecast for an on-year increase Thursday, which would take profits to 11.7 trillion won ($10.3 billion). (Yonhap)Samsung Electronics and SK hynix, South Korea’s two largest semiconductor manufacturers, are reported to post stronger profits during the first quarter as demands grow worldwide.Samsung Electronics, the