{"id":83560,"date":"2023-01-05T00:07:39","date_gmt":"2023-01-05T05:07:39","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83560"},"modified":"2023-01-04T23:57:27","modified_gmt":"2023-01-05T04:57:27","slug":"samsung-expected-to-post-lowest-quarterly-profit-in-years-due-to-memory-chip-market-carnage","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2023\/samsung-expected-to-post-lowest-quarterly-profit-in-years-due-to-memory-chip-market-carnage.html","title":{"rendered":"Samsung expected to post lowest quarterly profit in years due to memory chip \u2018market carnage\u2019"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/SSNLF\/\">Samsung\u2019s<\/a> profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand. Analysts expect Samsung to report 7.18 trillion South Korean won ($5.64 billion) in operating profit in the December quarter, according to Refinitiv consensus estimates. That would be a near 50% fall versus the fourth quarter of 2021.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/01\/05\/samsung-q4-2022-earnings-guidance-preview-memory-prices-to-weigh-on-profit.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Samsung\u2019s profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand. Analysts expect Samsung to report 7.18 trillion South Korean won ($5.64 billion) in operating profit [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83560","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83560"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83560\/revisions"}],"predecessor-version":[{"id":83561,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83560\/revisions\/83561"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}