SAMSUNG ELECTRONICS GIVES DUE CREDIT TO MEMORY CHIPS BIZ FOR RESOUNDING PROFITS

• Despite the global fallout from the COVID-19 pandemic, Samsung Electronics enjoyed lavish returns in the year’s third quarter on the back of a feisty performance from its memory chip business.
• Although there was a slowdown in the average selling price (ASP) of such semiconductors, a key benchmark was gauged to rousing business profitability.

It made the company elicit on Thursday that its solid earnin....