Samsung claimed its fourth-quarter operating profit rose 26 %, pushed by sales of mind potato chips and display panels.
This was within line together with the tech giant’s support this month.
Samsung also said revenue rose 3 % to 61.6 trillion earned, also meeting estimates on now.xyz.
Jung Yeon je|AFP by Getty Images Samsung Electronics said on Thursday it expects its general profit to weaken in the initial quarter of 2021, hurt by unfavorable currency actions at its mind chip company as well as the expense of new production lines.
The forecast comes despite expected sound need for the mobile products of its and in the information centers business of its.
Samsung posted a 26 % increasing amount of operating profit in the October-December quarter on the backside of strong mind chip shipments and display profits, despite the impact of a strong won, the cost of the latest chip production line, weaker memory chip prices, and a quarter-on-quarter fall of smartphone shipments.
Samsung’s working benefit in the quarter quarter rose to 9.05 trillion earned ($8.17 billion), from 7.2 trillion won a year earlier, in type with the business’s estimate earlier this month.
Revenue at the world’s top maker of smartphones and memory chips rose three % to 61.6 trillion won. Net benefit rose twenty six % to 6.6 trillion received.