South Korea's Samsung Electronics, the world's top maker of memory chips and flat
screen TVs, forecast second-quarter earnings well above market estimates, driving its
shares up more than 4 percent on Monday.
Technology companies around the world have seen their earnings and valuations hit by the
global downturn, which has prompted consumers to cut back spending on electronics
goods.
Analysts said the guidance reflected Samsung's strong market position and it was too soon
to say the industry was on the mend.
source :
http://in.news.yahoo.com/137/20090706/748/tbs-samsung-sees-strong-q2-earnings-shar.htm
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screen TVs, forecast second-quarter earnings well above market estimates, driving its
shares up more than 4 percent on Monday.
Technology companies around the world have seen their earnings and valuations hit by the
global downturn, which has prompted consumers to cut back spending on electronics
goods.
Analysts said the guidance reflected Samsung's strong market position and it was too soon
to say the industry was on the mend.
source :
http://in.news.yahoo.com/137/20090706/748/tbs-samsung-sees-strong-q2-earnings-shar.htm
l
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