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LG posts Q2 profit in spite of $132 million loss from the mobile unit
Tweet LG has announced its Q2 2016 earnings, recording an operating profit of $ 503.1 million (584.6 billion won) over revenues of $ 12.05 billion (14 trillion won). Strong sales of home appliances...
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Sony records $205 million profit in Q2 2016, mobile unit finally in the black
Tweet Sony has posted its financial results for the quarter ending in June, announcing a modest $ 205 million (¥21.2 billion) operating profit. That’s down from the $ 780 million (¥84.2 billion)...
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HTC leaves ‘ultra competitive’ entry-level smartphone market to focus on...
Tweet Expect only mid-range and high-end flagships from HTC moving forward. HTC is hoping that less is more when it comes to smartphone offerings. Chia-Lin Chang, President of HTC’s Smartphone and...
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Samsung predicts it’ll break its own profit records in Q1 2017
Tweet Samsung forecasts record-breaking profits in Q1 2017. As the largest Android manufacturer, Samsung records more profits than the rest of the field put together. And it now looks like the company...
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Samsung forecasts all-time record profit of $15.5 billion in Q3 2018
After a downturn in Q2, Samsung is once again back to shattering profit records. Samsung is on track to beat the $ 14.6 billion in profits it netted in Q1 2018. In its Q3 2018 earnings guidance,...
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Samsung says its Q2 profit declined by 56% from a year ago
Waning demand in the memory market is putting a dent in Samsung’s bottom line. What you need to know Samsung is forecasting a profit of $ 5.5 billion in Q2 2019, a massive 56% decline from the same...
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Samsung’s Q2 2019 profit falls by a staggering 56% after weak memory demand
Analysts expect the memory chip market to recover only in the second half of 2020. What you need to know Samsung’s Q2 2019 profit was 56% lower compared to the same period last year. Drop in demand of...
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Samsung reports 34% dip in Q4 profit despite strong smartphone sales
Samsung’s mobile business registered an impressive 67% increase in operating profit in Q4 2019. What you need to know Samsung reported revenues of KRW 59.9 trillion ($ 50.7 billion) in the fourth...
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Samsung posts ‘solid’ Q1 results, forecasts weak Q2 profit due to COVID-19
The company’s Q1 operating profit increased by KRW 0.2 trillion ($ 164 million) in Q1 2020. What you need to know Samsung Electronics has announced its Q1 2020 financial results. The company reported...
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LG’s Q1 2020 net profit jumps 21.1% YoY, despite weak smartphone sales
The company’s smartphone sales decreased by 34% in the first quarter of the year. What you need to know LG’s operating profit increased to KRW 1.09 trillion ($ 921.47 million) in Q1 2020. The...
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