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Vincent Lee+ Your Authors @Rover829 Some Dude With Blue Checkmark, sharing news by Reuters colleagues; opinions are mine, especially hate towards James Harden. Byline name: Se Young Lee Jul. 30, 2020 1 min read + Your Authors

SEOUL, July 30 (Reuters)-Samsung Electronics expects a global recovery in demand for smartphones and consumer electronics to underpin profits in the second half of the year, after a coronavirus-propelled shift to online working boosted quarterly earnings.

 https://www.reuters.com/article/idUSKCN24V01X 

Reuters: Samsung, the world's top maker of memory chips, tempered its relatively upbeat forecast when announcing second quarter results on Thursday with a warning that the pandemic and trade disputes posed ongoing risks for earnings.

Reuters: Samsung said it expected server demand for chips to remain solid for the remainder of the year and a boost in smartphone demand, given planned product launches and anticipated demand for 5G-capable phones.

Reuters: "Given many uncertainties including COVID-19, trade tension and that customers may change their inventory and investment strategies, it's still difficult to say when (DRAM) price will hit an inflection point," senior vice president of memory business Han Jin-man said.

Reuters: During Q2, China's Huawei overtook Samsung as the world's biggest seller of phones, shipping 55.8 million devices to Samsung's 53.7 million, according to research firm Canalys.


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