© Reuters. Samsung signage is seen in a retailer in Manhattan, New York Metropolis, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photograph
SEOUL (Reuters) – Samsung Electronics Co Ltd (KS:) reported a possible 35% drop in fourth-quarter working revenue on Tuesday, as a rebound in reminiscence chip costs seemingly shrank losses within the South Korean firm’s mainstay chips division.
The world’s largest reminiscence chip, smartphone and TV maker estimated its working revenue fell to 2.8 trillion gained ($2.13 billion) in October-December, from 4.31 trillion gained a 12 months earlier, in a brief preliminary earnings assertion.
($1 = 1,311.7800 gained)