Samsung Electronics, on the rise after solid 4Q results… Hynix 7th day up

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Samsung Electronics, on the rise after solid 4Q results… Hynix 7th day up

(Seoul = News 1) Reporter Jeon Min |
2021-01-08 09:31 sent

© News1 Designer Choi Soo-ah

Samsung Electronics is on the rise as it appears that it recorded solid results in the fourth quarter of last year. SK Hynix is ​​on the rise for 7 days in a row.

As of 9:25 am on the 8th, Samsung Electronics is trading at 84,600 won, up 1700 won (2.05%) from the previous day.

On the same day, Samsung Electronics announced that its provisional operating profit for the fourth quarter of last year was totaled to 9 trillion won, a 25.7% increase from the same period last year.

According to F&Guide, a financial information company, the estimated operating profit for the fourth quarter was 9.346 trillion won. The provisional value was slightly below the consensus. It is analyzed that the weak dollar overlapped with the effect of the seasonal off-season, and the effect of lockdown from Corona 19 in some European countries. However, it is said that it was saved despite the re-proliferation of Corona 19.

SK Hynix is ​​trading at 137,000 won, up 2500 won (1.86%). Until this day, it is on the rise for 7 consecutive trading days.

Recently, these semiconductor stocks are on an upward trend in anticipation of the arrival of the semiconductor supercycle.

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