Friday, 7 April 2017

Record Q1 profits expected by Samsung

Thanks to the soaring memory market, Samsung is expecting record Q1 profits, despite the Galaxy Note 7 fiasco. The company is forecasting $8.8 billion in profits – a 48% jump from Q1 2016. The Q2 profit could be bigger because of the launch of the Galaxy 8. Q1 revenues are expected to be flat with ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/record-q1-profits-expected-samsung-2017-04/

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