0307 GMT - Samsung Electronics' shares still appear undervalued relative to its peers, given its earnings scale, Nomura's Eon Hwang ad YJ Kim say. The analysts estimate that the South Korean chip maker's 2Q operating profit would have reached about 110 trillion won, assuming that it set aside a special bonus provision of around 20 trillion won for 1H. Samsung in a preliminary earnings report projected an operating profit of around 89 trillion won, above Nomura's estimate of 76 trillion won, they note. Nomura expects DRAM and NAND memory chip prices to rise by 15%-20% from the previous quarter in 3Q, driven by strong demand and tight supply. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
July 07, 2026 23:07 ET (03:07 GMT)
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