Business Services Industry
DEUTSCHE BANK CUTS RATING ON SAMSUNG ELECTRONICS.
AsiaPulse News, December, 2004
SEOUL, Dec 2 Asia Pulse - Deutsche Bank on Thursday downgraded its recommendation on shares of Samsung Electronics Co. (KSE:005930), the world's largest manufacturer of memory chips, to "sell" from "hold," citing short-term concerns about falling memory chip prices and flat-panel screen overproduction.
"Short-term negative factors have continuously overshadowed long-term positiveness," Yook Dong-jo, an analyst at Deutsche Bank, said in a research note. This was the first time in two years that a foreign investment bank downgraded a rating on Samsung Electronics stock.
The analyst expects spot prices of memory chips to fall 40 per cent to 55 per cent over the next two to three months. Samsung Electronics, which is also the world's largest liquid crystal...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
