Sunday, December 07, 2025 | 05:29 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Samsung Electronics shares jump on expected record third-quarter memory chip profit

Image

Reuters SEOUL

SEOUL (Reuters) - Shares in Samsung Electronics Co Ltd <005930.KS> rose 4.5 percent after the market opened in Seoul on Tuesday, as analysts expected the tech giant to announce record profits in memory chips for the July-September quarter.

Samsung shares marked their biggest intraday percentage gain since October 2016 as of 0009 GMT.

Shares in SK Hynix Inc <000660.KS>, the world's second-largest memory chip maker after Samsung Electronics, also jumped as much as 4.3 percent, their biggest intraday percentage gain since Aug. 14.

(Reporting by Joyce Lee and Dahee Kim; Editing by Sam Holmes)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 10 2017 | 5:58 AM IST

Explore News