Samsung Electronics (005930 KS) Chief Technology Officer says strong memory chip demand seen this year and extending into next year

Samsung's Chief Technology Officer highlighting strong memory chip demand signals potential growth in revenue for the company, which is a positive indicator for tech stocks in general.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Australian Home Loans QQ (Q4) 9.5% vs Exp. 4.8% (Prev. 9.6%)

PBoC is expected to set USD/CNY mid-point at 6.9109 (prev. 6.9458)

Samsung Electronics (005930 KS) Chief Technology Officer says strong memory chip demand seen this year and extending into next year

[MARKET UPDATE] Asia-Pac stocks are positive but with some of the gains capped after the weak US lead and with the NFP report on the horizon, while participants also digest earnings in thinned conditions with Japanese markets shut for a holiday

South Korean February 1st-10th Exports rose 44.4% Y/Y, Imports rose 21.1% Y/Y and Trade Balance is at a provisional surplus of USD 0.64bln

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

If this trend continues into next year, we could see upward revisions in earnings estimates, impacting investor sentiment towards both Samsung and related tech sectors. Keep an eye on how this might influence supply chains and pricing in the semiconductor space.

Related headlines

The whole workspace, free to try.

Try it free