Recovery beckons for Samsung as chip prices stabilise

SEOUL: Samsung Electronics Co Ltd is likely to post a fourth consecutive quarter of declining profit when it reports preliminary earnings next week, though investors will be hoping the worst has passed with chip prices showing signs of recovery.

Falling semiconductor prices and the drawn-out U.S.-China trade war have bitten into profits at the world’s top memory chip and smartphone maker but analysts expect to see earnings growth next year as chip prices turn around.