
Samsung Electronics is one of the world’s top players when it comes to memory chips and LCD screens, the company just gave a robust outlook for this year, showing that the big players of the tech sector are now recovering from the crisis.
The Korean companay and its rival LG electronics had a very spectacular year, grabbing market shares from tech giants like Sony.
“I don’t see any risk in Samsung’s competitiveness and there’s zero chance supplies will rise significantly,” said Song Myung-sup, an analyst at HI Investment & Securities. “But the macroeconomy remains a factor—demand may weaken once stimulus plans are removed.”
Samsung has just reported a record quarterly net profit, the record high was due to resurgent sales and forecast a strong 2010 even as analysts cited risks of a fast recovering won and increased marketing spending.
The forecast busting results from Samsung and LG has been the backbone of South Korea’s economy, which resulted in the most growth the country has ever had in 7 years.

