Samsung is benefiting from higher demand for chips from laptop makers and data centres amid the coronavirus-driven shift to working from home.
Samsung is likely to estimate its operating profit at 6.2 trillion won ($5.05 billion), unchanged from the same period a year ago.
Samsung supplier SDI said it expects current-quarter earnings to be adversely affected by the virus outbreak.
Samsung will take on Taiwan’s TSMC in contract chip manufacturing and San Diego-based Qualcomm Inc in mobile processing chips.
Samsung working on dedicated chips aimed for cryptocurrency mining; can used to mine bitcoin, ethereum and others
It is not clear on why Samsung has decided to enter this market but this sure makes the company, the first big name to enter into mining hardware.
Tech giant Samsung Electronics Co said it expects third-quarter operating profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of the Galaxy Note 7 smartphone recall.
Tech giant Samsung Electronics Co Ltd will start making new chips for Advanced Micro Devices (AMD) next year
As Samsung Electronics Co Ltd sells fewer of its own smartphones, the South Korean group's components businesses are under pressure to pick up the slack and secure external customers for chips and display panels
Apple Inc will struggle to cut its reliance on rival Samsung Electronics for component supplies, analysts and industry sources said on Thursday, despite
Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant's market value, on a report ...