Samsung says memory chip demand will drive 19-fold jump in its operating profit

Record-breaking memory chip sales and prices are set to drive a 19-fold increase in Samsung Electronics Co. Ltd.’s second-quarter operating profit, according to a preliminary earnings report issued by the company today. The strong forecast by Samsung, one of the world’s largest suppliers of memory chips, is likely to ease recent concerns raised by some […] The post Samsung says memory chip demand will drive 19-fold jump in its operating profit appeared first on SiliconANGLE .