Morningstar: Samsung Electronics' Revenue Expectations May Disappoint Investors

07/07 10:41

On July 7, Morningstar analyst Jing Jie Yu stated that investors may feel somewhat disappointed with Samsung Electronics' revenue expectations. He noted that the company's projected operating profit meets market expectations, but the revenue forecast of 171 trillion won is slightly below the average expectation. This underwhelming performance may be due to the increase in DRAM prices being lower than anticipated. This could have alarmed investors who increasingly expect a structural strengthening in memory chip prices. As investors became more cautious, Samsung Electronics' stock closed down 6.9%, narrowing its gain for the year to just below 150%.

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