"It's very difficult to gauge the demand outlook," said Robert Yi, vice president of investor relations at Samsung, remaining cautious in global economic uncertainty. The company reported stabilizing LCD panel and memory chip prices, and better profit margins for mobile handsets. However, Kim Hyungdo, a vice president in Samsung's telecommunications division warned that demand for mobile handsets in emerging market is declining.
"We will monitor whether LCD panel prices continue to rise despite sluggish economic conditions," said Cho Yeongduk, a vice president in Samsung's LCD Business. LCD panel prices increased lately, as have prices for memory chips such as DRAM and NAND flash memory. Cho Namseong, a senior vice president in Samsung's semiconductor business, however, warned that price increases will lead to production increases, which inevitably sends prices down again.
Written by: James Delahunty @ 25 Apr 2009 21:23