Samsung Elec says profit fall likely milder than forecasts as chip prices bottom out - PRATEEK

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Wednesday, January 8, 2020

Samsung Elec says profit fall likely milder than forecasts as chip prices bottom out

The announcement sent Samsung's share price up 2.2% in morning trade, bucking the wider market's 0.8% fall, with cross-town chip rival SK Hynix Inc also up over 5%

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