Samsung Electronics Q4 operating benefit rises 26 % on chip, display panel sales
Samsung said the fourth-quarter operating profit of its rose twenty six %, driven by sales of mind potato chips and display panels.This was in line together with the tech giant's guidance this month.Samsung also said revenue rose 3 % to 61.6 trillion won, also conference estimates on now.xyz.Jung Yeon-je|AFP by Getty Images Samsung Electronics said […]

Samsung said the fourth-quarter operating profit of its rose twenty six %, driven by sales of mind potato chips and display panels.
This was in line together with the tech giant's guidance this month.
Samsung also said revenue rose 3 % to 61.6 trillion won, also conference 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, injured by unfavorable currency movements at the memory chip business of its together with the expense of new production lines.

The forecast comes despite expected sound demand for the mobile products of its and in its information centers business.

Samsung posted a twenty six % increase in operating profit inside the October-December quarter on the backside of strong mind chip shipments and display earnings, despite the impact of a good won, the price of a brand new chip cultivation line, weaker memory chip costs, and a quarter-on-quarter drop of smartphone shipments.

Samsung's working profit in the fourth quarter rose to 9.05 trillion earned ($8.17 billion), through 7.2 trillion earned a season earlier, in model with the business's estimate earlier this month.

Revenue at the world's top maker of smartphones as well as memory chips rose three % to 61.6 trillion won. Net benefit rose 26 % to 6.6 trillion received.

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