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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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