ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Technology

Samsung forecasts strong chip demand in second half

Q2 profit soars led by semiconductor division

South Korea's Samsung Electronics is the world's biggest manufacturer of memory chips and smartphones.   © Reuters

SEOUL -- Samsung Electronics -- the world's biggest maker of memory chips -- said Thursday that strong demand for its semiconductors will continue through the rest of the year as global clients build inventories before prices go up further.

"The memory business is expected to see continued demand growth for server and mobile products," Samsung said in a statement as it released earnings results for the second quarter.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more