Samsung Electronics bets on better second half after first quarter...

South Korea’s Samsung Electronics Co Ltd flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the first quarter. The world’s top maker of semiconductors, however, warned of more short-term pain in the second quarter, with memory chip prices likely to decline further before a rebound in demand as data centers re-stock later in the year.
Read more: https://www.reuters.com/article/us-samsung-elec-results-idUSKCN1S52C8?source=Snapzu