07-04-2022 14:08 via telecoms.com

Samsung Electronics set for best profit in years

Despite everything, Korean tech giant Samsung has guided significant year-on-year increases in sales and operating profit for the first quarter.
These guidance announcements are usually short and sweet, and this was certainly no exception to that rule. Samsung Electronics guided that it expects to book sales of around 77 trillion won, which would represent a 15% increase on Q1 21, and operating profit of around 14.1 trillion won, up a massive 33% year-on-year.
There were no canned quotes provide
Read more »