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Home » Archives for January 31, 2024 » Page 12

January 31, 2024

(2nd LD) Samsung Electronics Q4 operating profit sinks 34.4 pct, but memory chip rebounds

January 31, 2024

SEOUL, Samsung Electronics Co. said Wednesday its fourth-quarter operating profit sank 34.4 percent from a year earlier due largely to sluggish semiconductor business but its memory chip segment turned to the black on recovering demand.

The world’s …

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POSCO International 2023 net profit up 12.5 pct to 680.4 bln won

January 31, 2024

SEOUL, POSCO International on Wednesday reported its 2023 net profit of 680.4 billion won (US$509.8 million), up 12.5 percent from a year earlier.

The company said in a regulatory filing that operating profit for the year rose 28.9 percent on-year t…

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(3rd LD) Samsung Q4 profit drops 34.4 pct, but memory chip rebounds

January 31, 2024

SEOUL, Samsung Electronics Co. said Wednesday its fourth-quarter operating profit sank 34.4 percent from a year earlier due largely to sluggish semiconductor business but its memory chip segment turned to the black on recovering demand.

The world’s …

Read More »

Samsung CandT Q4 net profit down 14.2 pct to 571.3 bln won

January 31, 2024

SEOUL, Samsung CandT Corp. on Wednesday reported its fourth-quarter net income of 571.3 billion won (US$428.1 million), down 14.2 percent from a year earlier.

The company said in a regulatory filing that operating income for the October-December per…

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(2nd LD) S. Korea calls for ‘reasonable’ U.S. rules on EV materials supply

January 31, 2024

SEOUL, South Korea called for the United States on Wednesday to come up with “reasonable” regulations on limiting the sourcing of critical minerals and components from countries like China to qualify for U.S. incentives for electric vehicles (EVs), t…

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