Samsung Electronics Q4 operating profit rises twenty six % on chip, screen panel sales
Samsung claimed the fourth-quarter operating profit of its rose 26 %, driven by sales of mind chips as well as display panels.This was in line together with the tech giant's support this month.Samsung also said revenue rose three % to 61.6 trillion received, also meeting estimates on now.xyz.Jung Yeon-je|AFP via Getty Images Samsung Electronics said […]

Samsung claimed the fourth-quarter operating profit of its rose 26 %, driven by sales of mind chips as well as display panels.
This was in line together with the tech giant's support this month.
Samsung also said revenue rose three % to 61.6 trillion received, also meeting estimates on now.xyz.

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

The forecast comes despite anticipated sound desire for its mobile products and in its data centers business.

Samsung posted a 26 % increase in operating profit within the October-December quarter on the rear of strong memory chip shipments and display profits, despite the effect of a strong won, the price of a new chip production line, weaker mind chip costs, and a quarter-on-quarter drop in smartphone shipments.

Samsung's running profit within the fourth quarter rose to 9.05 trillion received ($8.17 billion), through 7.2 trillion earned a season prior, inside model with all the business's appraisal earlier this month.

Revenue at the world's top maker of smartphones as well as memory chips rose three % to 61.6 trillion received. Net benefit rose twenty six % to 6.6 trillion received.

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