Samsung's Chip & Display Business Brings Down Profits Despite S10 Sales: Moody's
From the Blog propakistani Moody's Investors Service says that Samsung weak Q1 2019 results are credit negative but have no immediate impact on the company's Aa3 senior unsecured rating or stable outlook. Headquartered in Suwon, Samsung Electronics Co., Ltd. is a global leader in the memory semiconductor, mobile handset and flat panel TV markets. Its device solutions business (including semiconductor and display panel) generated 79% of consolidated operating profit in 2018. Samsung's revenue and reported operating profit declined 14% and 60% respectively year-on-year in Q1 2019, driven mainly by weakness in the memory chip market and to a lesser extent display panels. The company's reported operating margin also fell to 11.9% from 25.8% a year earlier. "We expect memory chip demand to improve in H2 2019pakistanblogs.blogspot.comRead Full Post
Heart of Gold
From the Blog randomlyabstractHeart of Gold – Acrylic on canvas. Maria I. All black. But how these streaks enfold. There is light! It's a heart of gold. God, is this where you meet? pakistanblogs.blogspot.comRead Full Post
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