Samsung 2Q net profit up 5.2 percent; Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung 2Q profit rises; Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Samsung Q2 net profit up 5.2 pct, Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung Q2 profit rises, Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Samsung says first quarter net profit plummets amid weak demand for semiconductors, TVsApril 24th, 2009 Samsung says first quarter profit plummetsSEOUL, South Korea — Samsung Electronics, the world's No. 1 maker of computer memory chips and flat screen TVs, said net profit plummeted 72 percent in the first quarter as the global economic slump continued to suppress consumer demand.
Memory chip company Rambus settles EU antitrust probe with new licenses, avoids finesJune 12th, 2009 Rambus settles EU antitrust probe, avoids finesBRUSSELS — Memory chip company Rambus Inc. said Friday that European Union antitrust regulators had provisionally agreed to drop a probe and any fines if the company reduced its royalty rates for DRAM memory chip patents.
Samsung says 2nd-quarter net profit rose 5.2 percent over last year's, sales riseJuly 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics said Friday that second-quarter net profit rose 5.2 percent from the same period last year as sales of flat screen televisions and mobile phones increased and prices for memory chips moved higher amid stronger demand for personal computers. Samsung Electronics Co., the world's biggest manufacturer of computer memory chips and flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing.
Intel says profit blows past estimates, company absorbs $1.45 billion EU fineJuly 14th, 2009 Intel says profit blows past estimatesSAN FRANCISCO — Intel Corp. says its profit and sales blew past Wall Street's forecasts — as long as analysts overlook a $1.45 billion antitrust fine from the European Union.
Samsung expects strong 3rd-quarter operating profit as sales improveOctober 6th, 2009 Samsung expects strong 3rd-quarter profitSEOUL, South Korea — Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat screen televisions.
On The Call: Intel CEO Paul Otellini on timing of rebound in business spending on technologyOctober 13th, 2009 On The Call: Intel CEO on business spendingSAN FRANCISCO — Weak spending by corporations on new personal computers was one of the few problem areas in an otherwise standout third quarter from chipmaker Intel Corp. The trend has dragged on through the recession and probably won't ease until next year.
Earnings roundup: Wells Fargo 3Q profit rises, eBay 3Q net income down though revenue roseOctober 21st, 2009 Earnings roundup: Wells Fargo, eBayAmong the earnings stories for Wednesday, Oct. 21, from AP Financial News:
Top stories:
NEW YORK (AP) — Wells Fargo & Co.
Tuesday market movers: Texas Instruments, Ceradyne, Quiksilver, Marvell Technology June 9th, 2009 Texas Instruments, Ceradyne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Texas Instruments Inc., up $1.25 at $21.02
The chip maker hiked its profit and sales guidance for the quarter ending in June, signalling a rebound for the semiconductor sector. Quiksilver Inc., down 71 cents at $2.91
The outdoor apparel company swung to a second-quarter profit, but a weak outlook and expensive new loan facilities worried analysts.
Lasers can be used to lengthen quantum bit memory by 1,000 timesJune 25th, 2009 WASHINGTON - Physicists have found that lasers can be used to drastically prolong the shelf life of quantum bit memory, the 0s and 1s of quantum computers, by 1,000 times. These precarious bits, formed in this case by arrays of semiconductor quantum dots containing a single extra electron, are easily perturbed by magnetic field fluctuations from the nuclei of the atoms creating the quantum dot.
Intel to report 2Q numbers amid mixed feelings about health of chip industryJuly 13th, 2009 Intel to report 2Q numbersSAN JOSE, Calif. — Intel Corp.
Broadpoint Amtech downgrades chip sector and AMD, Nvidia along with itSeptember 16th, 2009 Sector Snap: Broadpoint downgrades chipsNEW YORK — Several chip stocks took a hit Wednesday after a Broadpoint AmTech analyst downgraded the semiconductor sector, saying there is a "good risk of inflated expectations" for the industry. "Our downgrade today to equal weight is in response to a faster-than-expected recovery to demand levels in both the PC and handset space," analyst Doug Freedman wrote in a note to investors.
Taiwan's TSMC, world's biggest contract chip maker, says Q1 profit dived 94.5 percentApril 30th, 2009 Taiwan chip maker TSMC says 1Q profit down 95 pct
TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Thursday its profit plunged by 94.5 percent in the first quarter, as the global recession hit demand for its products. The company said net income dropped to 1.56 billion New Taiwan dollars ($47.1 million) during the January-March quarter from NT$28.14 billion a year earlier.
Intel sales exceed subdued forecasts, chip maker absorbs $1.45B European Union antitrust fineJuly 14th, 2009 Intel shares soar as chip maker tops soft forecastSAN FRANCISCO — Intel Corp. offered support Tuesday for its assertion that the computer business is rebounding, even as other parts of the industry throw off mixed signals.