Samsung's profit innovation high: strong demand for memory chips | prices continue to rise

For Samsung, its main business is the on-screen, memory/flash memory and processor foundry. As they continue to maintain a strong position in these areas, they also make huge profits.

Previously, Samsung announced its operating profit for the first quarter, which will reach US$14.7 billion, an increase of 57.58% year-on-year and a record high. The news that the company's share price is also a direct daily limit.

In the eyes of the outside world, Samsung's memory chip business is still very strong, especially in the case of market prices continue to increase, their profits fully offset the market's concerns about the lack of supply of Apple's monitors.

What is even more worrying is that Samsung’s profits will continue to hit new heights this year because industry analysts stress that from the perspective of the entire memory chip business, its prices are expected to remain high, and in 2018 it is possible to achieve higher profits.

2016 GoodChinaBrand | ICP: 12011751 | China Exports