Samsung reported strong results on Thursday, with profits for the first quarter climbing more than 50% compared to the same time a year ago
The South Korean tech giant pulled in 77.8 trillion Korean won in revenue and 14.1 trillion Korean won in operating profit, roughly in line with its own forecast earlier this month. The solid earnings are attributed to sales of its memory chips, which were up nearly 40% year-on-year, taking in approximately 20.1 trillion won .Samsung's mobile division also benefited from strong sales of its newest lineup of smartphones, which it said "centered on" the flagship Galaxy S22 Ultra.
The company said it would continue to focus on efforts to shore up its stock of chips and image sensors this year. Read MoreSamsung also flagged that it expected weakened consumer sentiment for smartphones due to"prolonged geopolitical conflicts and lockdowns in some areas.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Top 50 daily boys lacrosse stat leaders for Tuesday, April 26Check out the daily leaders in points, goals, assists, ground balls, saves and faceoffs won.
Weiterlesen »
This New Book Chronicles the 50-Year Evolution of Ralph Lauren’s Iconic PoloRizzoli's 'Ralph Lauren's Polo Shirt' is a full diagnostic of the minutiae that have distinguished the famed shirt across five decades.
Weiterlesen »
These 21 large-cap stocks have now crashed at least 50%Pummeled stocks include Netflix, PayPal and Facebook parent Meta Platforms.
Weiterlesen »
Netflix to boost its mobile games offering to 50 titles by the end of 2022According to a new report, Netflix plans to expand its mobile games offering up to 50 titles by the end of the year.
Weiterlesen »
Amazon Secretly Dropped Over 50% Off Beats' Noise Canceling EarbudsBeats' noise-cancelling wireless Beats Studio Earbuds are on sale on Amazon for a deal you can't miss. They're over 50 percent off, taking $80 off the price.
Weiterlesen »