Samsung Electronics Q4 operating profit rises 26 % on chip, screen board sales
Samsung claimed its fourth-quarter operating profit rose 26 %, driven by sales of memory potato chips and display panels.That has been within line along with the tech giant's guidance this month.Samsung even said revenue rose 3 % to 61.6 trillion earned, also conference estimates on now.xyz.Jung Yeon je|AFP by Getty Images Samsung Electronics said on […]

Samsung claimed its fourth-quarter operating profit rose 26 %, driven by sales of memory potato chips and display panels.
That has been within line along with the tech giant's guidance this month.
Samsung even said revenue rose 3 % to 61.6 trillion earned, also conference estimates on now.xyz.

Jung Yeon je|AFP by Getty Images Samsung Electronics said on Thursday it expects its general profit to weaken in the very first quarter of 2021, hurt by bad currency moves at the memory chip company of its and the expense of new production lines.

The forecast comes despite expected solid desire for its mobile products and in its data centers business.

Samsung posted a 26 % increase in operating profit inside the October December quarter on the backside of strong memory chip shipments and display earnings, despite the impact of a reliable won, the cost of a new chip production line, weaker mind chip prices, and a quarter-on-quarter decline in smartphone shipments.

Samsung's operating make money in the fourth quarter rose to 9.05 trillion won ($8.17 billion), by 7.2 trillion won a season earlier, inside line with the company's estimate earlier this month.

Revenue at the the planet's top maker of smartphones as well as memory chips rose three % to 61.6 trillion won. Net profit rose 26 % to 6.6 trillion received.

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