Samsung said the fourth-quarter operating profit of its rose twenty six %, pushed by sales of mind fries as well as display panels.
That has been within line along with the tech giant’s guidance this month.
Samsung also said revenue rose 3 % to 61.6 trillion earned, also conference estimates on

Jung Yeon-je|AFP by Getty Images Samsung Electronics claimed on Thursday it expects its overall profit to weaken in the first quarter of 2021, hurt by bad currency moves at its memory chip business together with the cost of brand new production lines.

The forecast comes despite expected sound desire for the mobile products of its and in its information centers business.

Samsung posted a twenty six % rise in operating profit within the October-December quarter on the rear of strong memory chip shipments and display earnings, despite the impact of a strong won, the cost of a brand new chip production line, weaker memory chip costs, and a quarter-on-quarter fall of smartphone shipments.

Samsung’s running make money within the quarter quarter rose to 9.05 trillion earned ($8.17 billion), by 7.2 trillion earned a season earlier, inside type from the company’s appraisal earlier this month.

Revenue at the world’s top maker of smartphones as well as memory chips rose 3 % to 61.6 trillion won. Net profit rose twenty six % to 6.6 trillion won.