Samsung Reports Higher Profits in Q2 2020 Driven by Memory Chips, QLED TVs

At its Q2 2020 earnings call on Tuesday, Samsung Electronics announced that it posted 52.97 trillion won ($44.5 billion) in consolidated sales and 8.15 trillion won (6.8 billion) in operating profit. The results were driven primarily by higher demand for memory chips and cost optimization amidst the COVID-19 pandemic. The profits also include a one-time […]

The article Samsung Reports Higher Profits in Q2 2020 Driven by Memory Chips, QLED TVs was first published on Beebom



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