Samsung Electronics Q4 operating benefit increases twenty six % on chip, display screen control panel sales
Samsung claimed its fourth quarter operating profit rose 26 %, led by sales of mind potato chips as well as display panels.This was in line along with the tech giant's guidance this month.Samsung even said revenue rose three % to 61.6 trillion earned, also conference estimates on now.xyz.Jung Yeon-je|AFP via Getty Images Samsung Electronics claimed […]

Samsung claimed its fourth quarter operating profit rose 26 %, led by sales of mind potato chips as well as display panels.
This was in line along with the tech giant's guidance this month.
Samsung even said revenue rose three % to 61.6 trillion earned, also conference estimates on now.xyz.

Jung Yeon-je|AFP via Getty Images Samsung Electronics claimed on Thursday it expects its general profit to weaken in the very first quarter of 2021, injured by bad currency movements at its mind chip business and the price tag of brand new production lines.

The forecast comes despite expected solid demand for its mobile products and in its data centers business.

Samsung posted a 26 % rise in operating profit inside the October December quarter on the back of strong mind chip shipments and display earnings, despite the effect of a good won, the cost of a brand new chip production line, weaker memory chip costs, along with a quarter-on-quarter drop of smartphone shipments.

Samsung's running profit within the fourth quarter rose to 9.05 trillion won ($8.17 billion), from 7.2 trillion received a year prior, inside line with the business's estimation earlier this month.

Revenue at the world's top maker of memory chips and smartphones rose 3 % to 61.6 trillion received. Net benefit rose twenty six % to 6.6 trillion received.

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