Samsung reports a 53 percent increase in operating profit in the second quarter, significantly exceeding market estimates. Smartphone sales were disappointing, but chip sales picked up.
For the second quarter, Samsung’s chip division profit is likely to be up a fifth or more from a year earlier. estimate analysts.
Earnings for the quarter are expected to end at $12.5 trillion ($11 billion). That would be the tech giant’s biggest second-quarter profit since 2018.
The final figures will be published in a few weeks.
Source: Nieuws – Emerce by www.emerce.nl.
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