• Samsung Posts Record Profits For Q1 2018, Up 58-Percent YoY

    3 monthes ago - By Android Headlines

    Samsung has just released its Q1 2018 financial report, and according to the date provided in it, the company managed to hit records profits, as it made an operating profit of 15,64 trillion won, which translates to $14.4 billion. If we compared that to the same period last year, we're looking at a 58-percent increase, which is a considerable boost for the company. No doubt that the Galaxy S9 and S9 Plus played a huge role in all this, not to mention that the company's memory business has been booming as well.
    This South Korea-based tech giant has also reported revenue of 60.56 trillion...
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  • Samsung breaks quarterly profit records yet again, mostly thanks to chips and high-end phones

    3 monthes ago - By Pocketnow

    Samsung made more money between January and March 2018 than ever before, specifically around $14.5 billion in operating profit, but no thanks to the iPhone X.
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  • Samsung shows record profits despite weak demand for mobile OLED

    Samsung shows record profits despite weak demand for mobile OLED

    3 monthes ago - By Engadget

    With its latest earnings report, Samsung notched its fourth straight quarter showing record operating profits of $14.4 billion. As predicted, that's mostly due to the memory chips it makes that go inside its phones as well as many other devices, but...
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  • Samsung's profit exceeds expectations thanks to memory chips

    3 monthes ago - By Phys.org

    Samsung Electronics Co. reported better-than-expected financial results Thursday as robust demand from global data centers for its mainstay memory chips earned it another record-high quarterly profit.
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  • Samsung Electronics flags mobile weakness as chips power record first-quarter profit

    3 monthes ago - By Reuters

    SEOUL - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
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  • Samsung reports record operating profits for Q1; Galaxy S9 production cut says analyst

    Samsung reports record operating profits for Q1; Galaxy S9 production cut says analyst

    3 monthes ago - By Phone Arena

    Earlier this month, Samsung gave a preview of its first quarter earnings and said that it would report record operating profits. And sure enough, the company announced on Thursday morning (thanks to the time difference, it is the next day in South Korea) that it achieved a fourth consecutive quarter of record operating profit. Leading the way for the company was sales of memory chips.
    During the first quarter, Samsung reported net profit of 11.69 trillion South Korean won, equivalent to $10.8 billion USD at current exchange rates. That happens to be a healthy 52% gain from the net profit ...
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