• Samsung forecasts an impressive third-quarter operating profit of 14.5 trillion Korean won

    11 days ago - By TechCrunch

    Samsung Electronics sounded an optimistic note in its third-quarter earnings guidance today, forecasting consolidated operating profit of about 14.5 trillion Korean won. This amount represents a very healthy 179 percent increase from the 5.2 trillion won it reported in the third quarter of 2016, when its results were hurt by the discontinuation of the Galaxy Note 7.
    Read more ...

     

  • Samsung Elec on track for record third quarter as chips soar

    Samsung Elec on track for record third quarter as chips soar

    11 days ago - By Reuters

    SEOUL - Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates as strong memory chip prices fattened margins.
    Read more ...

     

  • Samsung Elec CEO Kwon Oh-hyun to step down from management

    11 days ago - By Reuters

    SEOUL - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun had decided to step down from management, as it forecast record third-quarter profits on the back of soaring memory chip prices.
    Read more ...

     

  • Samsung predicts record profits for second straight quarter

    Samsung predicts record profits for second straight quarter

    11 days ago - By The Verge

    Samsung Electronics' earnings guidance for the third quarter of 2017 is out, and it's looking like another record for the Korean giant. The company expects to have made around 14.5 trillion won in operating profit off 62 trillion won in revenue; last quarter it made 14.1 trillion won, its highest ever quarterly figure.
    The earnings would represent a year-on-year revenue increase of approximately 28 percent and a huge operating profit jump of more than 170 percent. Of course, Samsung took a major hit a year ago from the Galaxy Note 7 recall debacle, but today's figures - and the...
    Read more ...

     

  • Samsung expects profit to nearly triple in third quarter - CNET

    11 days ago - By CNET

    Electronics giant expects operating profit to increase 178 percent from a year ago when it was grappling with its Note 7 disaster.
    Read more ...

     

  • ​Samsung forecasts record 14.5 trillion won in Q3 profit

    11 days ago - By ZDnet

    Samsung Electronics sees another record profit of 14.5 trillion won for the third quarter, backed by a recovered mobile division thanks to the Galaxy Note 8 and continuing strong performances of its chip business.
    Read more ...

     

  • Samsung's Q3 2017 Earnings Guidance Suggests Record Profit

    11 days ago - By Android Headlines

    Samsung has now announced its preliminary results for the third quarter of 2017. As part of that announcement the company has confirmed that it expects to announce 62 trillion won in revenue and 14.5 trillion won in operating profit during the third quarter, up from the 14.07 trillion won noted during Q2, 2017. Samsung also explains that this equates to an increase in sales during the quarter of 1.64-percent along with an increase in operating profit of 3.06-percent. What may be more impressive though is that Samsung expects sales during the third quarter to be up by 29.65-percent compared...
    Read more ...

     

  • Samsung Electronics on track for record third quarter as chips soar

    11 days ago - By Reuters

    SEOUL - Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates, as strong memory chip prices fattened margins.
    Read more ...