Samsung Electronics' Q1 operating profit up 3.4% y/y despite COVID-19 pandemic

Samsung Electronics' Q1 operating profit up 3.4% y/y despite COVID-19 pandemic

삼성전자 1분기 영업이익 6조4천473억원…작년보다 3.4 증가br br Samsung Electronics performed fairly well in the first quarter,... despite the COVID-19 pandemic.br The tech giant says its operating profit between January and March was some 5-point-2 billion U.S. dollars,... up more than 3-point-4 percent on-year.br Sales were also up more than 5-and-a-half percent to some 45 billion dollars.br Net profit, however, fell some 3 percent.br Samsung's memory chip business contributed to the solid performance,... greater demand for chips helped offset weak earnings in other sectors.br Samsung says it expects the pandemic to take a larger toll on its Q2 balance sheet.br Meanwhile,... reports say the global premium TV market grew 42 percent on-year in the first quarter despite the pandemic,... with Samsung's and LG's TVs making up 78 percent of the market.


User: Arirang News

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Uploaded: 2020-04-29

Duration: 00:53

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