In terms of timing, this is great news. The market had been hoping for some positive catalyst to drive chip makers' shares higher.
"Chang Joon “Jay” Kim" (born March 27, 1939) is a former member of the U.S. House of Representatives from California and ambassador for Korean-American relations. He was the first Korean-American to be elected to the United States Congress.
More Jay Kim on Wikipedia.From an operating point of view, the result was slightly better than what we expected.
The memory capacity of mid- to high-priced PCs will diminish three to five per cent relative to previous estimates.
Samsung's deal with Qualcomm will pave the way for the chipmaker to expand the chip foundry business, and is bad news for Taiwan foundry manufacturers.
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