News

Samsung expects record after success chipdivisie

Samsung expects record after success chipdivisie

Techgigant Samsung expects its operating profit in this quarter with a whopping 72 percent compared to a year earlier. This would make the company a new record.

It reports the company in preliminary figures. The final quarterly figures are end of July, published.

The growth would have led to an operating profit of 14 trillion won (€10.6 billion). The turnover increased by 18 percent compared with a year earlier, to 60 trillion won (45 billion euro).

The company will adjust the final quarterly declaration to provide for the increase. Analysts suspect, according to Reuters, that the success of the Samsung-chipdivisie a big role in the figures.

The relevant quarter is also the period in which the Samsung Galaxy S8 has sold. This aircraft proved to be in South Korea twice as fast as that of sales as the previous S7. Thus, the device may also have a positive impact on the quarter.

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular