‘Samsung has substantial upside potential on sound fundamentals’

Seoul: Investor sentiment has been unduly negative toward Samsung Electronics in light of the company’s strong performance and solid earnings forecast, a chief analyst at a local research firm has said.

“I think investor worries are excessive. Limited supply will shore up memory chip prices in the coming months,” Greg Roh, head of HMC Investment & Securities Research Center in Seoul, said during a recent interview with Yonhap News Agency.