Samsung has reported its earnings for Q2 2018, in which the company has made operating profit of 14.87 trillion won ($13.3 billion), up just 5.68% YoY for the April-June 2018 period. After fourth straight record profit, this is a bit disappointing, due to softer sales of smartphones and display panels, despite robust demand for memory chips. Continue reading “Samsung Mobile profits down 29.1% YoY in Q2 2018 due to low Galaxy S9 sales, says Galaxy Note9 will be priced reasonably”
Tag: Samsung Q2 2018
Samsung’s Q2 2018 earnings guidance reveals 5.1% increase in profits
Samsung has posted its earnings guidance for the second quarter of 2018, which reveals that it will post 14.8 ( 14.7 ~ 14.9) trillion Korean won ($13.2 billion approx.) in operating profits for the quarter, just 5.18% increase from a year earlier. The main reason for this likely to be due to strong weaker-than-projected sales of its Galaxy S9 series smartphones unveiled earlier this year.
Continue reading “Samsung’s Q2 2018 earnings guidance reveals 5.1% increase in profits”