Samsung Electronics Rises 2.75% Ahead of Q2 Earnings Announcement

According to Korea Exchange, Samsung Electronics rose 2.75% to 318,000 won on July 6, ahead of its Q2 provisional earnings announcement scheduled for July 7. The stock advance comes as memory chip prices have surged, fueling expectations of record-high profits. However, brokerages diverge on operating profit forecasts, with estimates ranging from the low 80 trillion won to the 90 trillion won range, largely due to differing assumptions on incentive accruals within the semiconductor division.
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