financetom
Technology
financetom
/
Technology
/
Samsung fourth-quarter operating profit outlook misses estimates by large margin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Samsung fourth-quarter operating profit outlook misses estimates by large margin
Jan 7, 2025 4:00 PM

SEOUL, Jan 8 (Reuters) - Samsung Electronics ( SSNLF )

estimated on Wednesday a 131% jump in fourth-quarter operating

profit from a year earlier but missed analyst estimates by a

large margin as it lagged behind rival SK Hynix ( HXSCF ) in

supplying high-end chips to Nvidia ( NVDA ).

The world's largest memory chip, smartphone and TV maker

estimated an operating profit of 6.5 trillion won ($4.47

billion) for the three months ended Dec. 31, versus a 7.7

trillion won LSEG SmartEstimate.

($1 = 1,454.6000 won)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EchoStar to sell wireless spectrum licenses to AT&T in $23 billion deal
EchoStar to sell wireless spectrum licenses to AT&T in $23 billion deal
Aug 26, 2025
WASHINGTON (Reuters) -EchoStar has agreed to sell wireless spectrum licenses for $23 billion to AT&T as it faces scrutiny from government regulators and after President Donald Trump urged a deal. In June, Trump prodded satellite communications and Dish TV parent EchoStar and Federal Communications Commission Chair Brendan Carr to reach an amicable deal over the fate of the company's wireless...
Evening update for Gold -26-08-2025
Evening update for Gold -26-08-2025
Aug 26, 2025
The (Gold) price rose in its last trading on the intraday basis, breaching the current resistance level at $3,375, taking advantage of dynamic support that is represented by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside a bias line, besides the return of the positive signals on the...
Evening update for crude oil -26-08-2025
Evening update for crude oil -26-08-2025
Aug 26, 2025
The (crude oil) slipped lower in its last intraday trading, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, amid the dominance of bullish correctional wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EAM50, noticing the...
Evening update for Bitcoin (BTCUSD) -26-08-2025
Evening update for Bitcoin (BTCUSD) -26-08-2025
Aug 26, 2025
The (BTCUSD) declined in its last intraday trading, after it succeeded in offloading its clear oversold levels on the (RSI), increasing the negative pressure around the price, amid the the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the bearish trend on the short-term basis and its trading alongside a bias that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved