Comment on Samsung, now the world’s largest chipmaker, forecasts record Q1 profit

Samsung, now the world’s largest chipmaker, forecasts record Q1 profit

Samsung has released primarily guidance for its Q1 2018 financial period and the signs are that it will be another blockbuster. The Korean tech giant’s sales in 2017 were enough to see it unseat Intel as the world’s largest chipmaker based on revenue — ending Intel’s 25-year run at the top — and, while Samsung doesn’t break down its sources of revenue in the guidance, you’d imagine that chips are again the main revenue driver. Samsung is forecasting that its Q1 profit could hit 15.6 trillion KRW ($14.7 billion) up 19 percent year-on-year and well above the 14.5 trillion that analysts polled by Reuters had predicted.

 

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