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Samsung mobile profits lower due to slow low-end model sales News 

Samsung mobile profits lower due to slow low-end model sales

Samsung Electronics reported  financial results for the third quarter ended Sept. 30, 2018. The Company posted KRW 65.46 trillion in consolidated quarterly revenue, up 5.5 percent from a year earlier, and KRW 17.57 trillion in quarterly operating profit, up 20.9 percent. In the third quarter, operating profit reached a new quarterly high for the company driven mainly by the continued strength of... Read More
Samsung second-quarter earnings reveal softness in Galaxy 9 sales Earnings reports News 

Samsung second-quarter earnings reveal softness in Galaxy 9 sales

Samsung Electronics reported second-quarter revenue fell due to softer sales of smartphones and display panels, despite good memory-chip demand. Samsung reported KRW 58.48 trillion in consolidated quarterly revenue, down 4 percent from last year, and KRW 14.87 trillion in quarterly operating profit, an increase of 6 percent. The company’s strong memory business contributed to higher operating profit, but net profit... Read More
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