Samsung Reports Higher Profits in Q2 2020 Driven by Memory Chips, QLED TVs https://beebom.com/wp-content/uploads/2020/07/Samsung-logo-shutterstock-website.jpg - iTechnow

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Wednesday, 29 July 2020

Samsung Reports Higher Profits in Q2 2020 Driven by Memory Chips, QLED TVs https://beebom.com/wp-content/uploads/2020/07/Samsung-logo-shutterstock-website.jpg

At its Q2 2020 earnings call on Tuesday, Samsung Electronics announced that it posted 52.97 trillion won ($44.5 billion) in consolidated sales and 8.15 trillion won (6.8 billion) in operating profit. The results were driven primarily by higher demand for memory chips and cost optimization amidst the COVID-19 pandemic. The profits also include a one-time […]

The article Samsung Reports Higher Profits in Q2 2020 Driven by Memory Chips, QLED TVs was first published on Beebom



from Beebom https://beebom.com/samsung-reports-higher-profits-q2-2020/

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