​Samsung to post record 17.5 trillion won profit for Q3

​Samsung to create record 17.5 trillion won profit for Q3

Samsung Electronics will post 17.5 trillion won in working revenue when it comes to 3rd one-fourth for this year, the organization announced in its receiving assistance.

the quantity could be its greatest previously, and beats its past record of 15.64 trillion won published in the first quarter of this 12 months.

it’s a growth of 20 % from this past year, and an 18 % rise from previous one-fourth.

The technology monster wants revenue of 65 trillion won, an increase of 5 % from last year.

powerful semiconductor sales will likely lead the development, using the exact contribution of every division becoming established into the complete earnings report later this thirty days.

Analysts expect the semiconductor business to have added over 70 %. If confirmed inside full report, Samsung’s chip business will have cultivated for 11 right quarters.

Samsung’s mobile business is expected to upload lacklustre earnings due to the lukewarm product sales associated with Galaxy Note 9.

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Posted at Fri, 05 Oct 2018 03:59:25 +0000