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Mobile Carriers Set for Robust Q3 Earnings on Increased 5G Subscribers

Mobile Carriers Set for Robust Q3 Earnings on Increased 5G Subscribers

SEOUL, Oct. 2 (Korea Bizwire) — South Korean mobile carriers are tipped to post improved earnings in the third quarter this year on the back of increased 5G subscribers, analysts said Friday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — are [...]

Samsung Tipped to Log Strong Q3 Earnings on Solid Chip Biz, Mobile Sales Recovery

Samsung Tipped to Log Strong Q3 Earnings on Solid Chip Biz, Mobile Sales Recovery

SEOUL, Sept. 28 (Korea Bizwire) — Samsung Electronics Co. is expected to report strong third-quarter earnings, analysts here said Monday, as its mainstay semiconductor business remained solid despite a decline in memory prices, while its mobile and home appliance sales soared on pent-up demand amid the pandemic. Samsung was projected to log 63.95 trillion won [...]

Foreign IBs Sanguine About S. Korean Stock Market

Foreign IBs Sanguine About S. Korean Stock Market

SEOUL, Aug. 24 (Korea Bizwire) — Despite a recent market seesaw, foreign investment banks have painted a rosy outlook of the South Korean stock market amid signs of improving economic conditions and ample liquidity, sources said Monday. Global investment bank Credit Suisse recently upgraded its outlook for the Korea Composite Stock Price Index (KOSPI) to [...]