Skip to main content

Samsung posts highest revenue ever after boost in flagship phone sales

Samsung Electronics has announced quarterly earnings for the July-September 2020 period, making 66.96 trillion won in revenue and 12.35 trillion in operating profit. That’s the highest quarterly revenue figure ever for the Korean electronics giant, which says that it was able to meet a boost in customer demand following COVID-19 disruption.

“Even as the COVID-19 pandemic continues around the world, reopening of key economies led to significant increase in consumer demand,” Samsung says in a statement. “Samsung Electronics was able to respond aggressively through flexible global supply chain management, reporting its highest-ever quarterly revenue.”

Samsung says that an increase in demand for...

Continue reading…



from The Verge - All Posts https://bit.ly/3kEXKfF
Labels:

Comments

Post a Comment

Popular posts from this blog

Nissan’s electric microcar will come with 20 kWh battery and driver assists, to debut in 2022

via Firstpost Tech Latest News https://bit.ly/3gEkEUF
Post a Comment
Read more

The first Mandalorian trailer brings a little Mad Max to Star Wars

Image: Lucasfilm The first public trailer for Jon Favreau’s highly anticipated Star Wars series The Mandalorian has arrived, and it looks fantastic. Although a similar trailer was shown at Star Wars Celebration, it was never made available to the public. The trailer opens with helmets on stakes, and ominous shots of people hanging out in the desert. Then it moves into Star Wars action — fighting spaceships, battling droids, and face-to-face confrontations. It certainly feels freakier than a traditional Star Wars movie, but it also feels extremely Star Wars . The Mandalorian is one of the biggest launch titles coming to the new streaming service Disney+ . It’s heavily inspired by fan-favorite character Boba Fett and his father, Jango. The new Mandalorian... Continue reading… from The Verge - All Posts http://bit.ly/324UVel
Post a Comment
Read more