Samsung Elec cautious about semiconductor outlook

22 September 2009 @ 01:08 am EDT

Samsung Electronics, the world's biggest maker of memory chips, said on Tuesday it remains cautious about the sector's outlook even as the industry emerges from its two-year slump.

An employee of Samsung Electronics talks on the telephone at a lobby of its main office in Seoul July 13, 2007. Samsung Electronics Co. said on Friday one-third of its lines at a chip plant near Seoul were down after a transformer malfunctioned at 2:30 p.m. local time (1:30 a.m. EDT).

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Kwon Oh-hyun, head of the South Korean company's semiconductor business, also said through a translator he expects the current shortage of high-end DDR3 chips used in many PCs and other electronics devices to be resolved in the short term.

Kwon was speaking at the firm's annual mobile solutions forum in Taipei.

In July, Samsung Electronics, which also makes LCD screens and sells mobile phones and TVs carrying its own name, posted its best quarterly profit in 2-½ years.

(Reporting by Baker Li, Editing by Jacqueline Wong)

Samsung Elec cautious about semiconductor outlook

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