31-10-2019 03:21 via theverge.com

Strong Galaxy Note 10 sales help stem falling Samsung profits

Photo by Amelia Holowaty Krales / The Verge Samsung Electronics has reported third-quarter earnings that show sharp declines year-on-year due to the ongoing slow performance of the global memory chip market, which had been the company’s biggest profit driver. In other areas, however, Samsung is doing pretty well.Overall, the company made 62 trillion won (~$53 billion) in revenue and 7.78 trillion won (~$6.71 billion) in operating profit, year-on-year drops of 5 and 56 percent respectively
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