Tuesday, 9 October 2018

Memory, not smartphones, is what is really working at Samsung

Memory, not smartphones, is what is really working at Samsung

Smartphones or TVs may be Samsung's most popular products, but they are certainly not the most profitable for the company. The South Korea electronics giant has announced its estimates for the third quarter of the year, and that data points to the company achieving the highest operating profit in its entire history. Samsung is set to reach 17.5 trillion won ($15.8 billion), up 20% from the same period last year. Not only that: revenues will also reach a record 65 trillion won ($57.3 billion), almost 5% more than last year.
Read more: https://www.techpowerup.com/248247/memory-not-smartphones-is-what-is-really-working-at-samsung?source=Snapzu

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