Samsung earnings - updates

Rappler's latest stories on Samsung earnings

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Samsung Electronics forecasts profits jump despite virus

Jul 07, 2020 - 11:15 AM

The world's biggest smartphone and memory chip maker estimates operating profit to be 8.1 trillion won ($6.8 billion) for April to June 2020, up from 6.6 trillion won in the same period last year

SAMSUNG. Photo by Jung Yeon-je/AFP


Samsung Electronics expects profit rise on coronavirus demand

Apr 07, 2020 - 11:24 AM

Changing behavior patterns among the vast numbers of people forced to stay at home around the world have generated a silver lining for the company

SAMSUNG. A man walks past the logo of Samsung Electronics at the company's Seocho building in Seoul on October 31, 2019. Photo by Jung Yeon-je/AFP


Samsung Electronics says Q4 2019 net profit slumps 38%

Jan 30, 2020 - 12:10 PM

'Fourth-quarter profit dropped from a year earlier due to the continued fall in memory chip prices and weakness in display panels,' Samsung says in a statement

SAMSUNG. The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits on January 30, blaming weakening demand in key products and falling chip prices. Photo by Jung Yeon-je/AFP


Samsung Electronics Q3 2019 net profit slumps 52%

Oct 31, 2019 - 10:55 AM

The company continues to be battered by falling memory chip prices as global supply increases


Samsung profit slumps more than half as chip market weakens

Jul 31, 2019 - 11:45 AM

Samsung Electronics has enjoyed record profits in recent years despite a series of setbacks but is now struggling with chip prices falling as global supply increases.

SAMSUNG. This file photo taken on October 11, 2016 shows the Samsung store in Paris. Photo by Bertrand Guay/AFP


Samsung Electronics hit with quarterly profit slump

Apr 30, 2019 - 1:27 PM

Net profits for Samsung Electronics in the January-March period were 5.04 trillion won ($4.3 billion) – the lowest since the third quarter of 2016 and down 56.9% year-on-year

SAMSUNG SLUMP. The Samsung Electronics flag (L) and South Korean flags (C) flutter outside their headquarters in Seoul on November 6, 2013. File photo by Jung Yeon-Je/AFP

Samsung Electronics flags record Q3 operating profit

Oct 05, 2018 - 10:01 AM

The South Korean firm reports an operating profit of $15.4 billion for the 3rd quarter of 2018

SAMSUNG. The logo of Samsung Electronics is displayed outside a company's building in Seoul on March 24, 2017. Photo by Jung Yeon-Je/AFP


Samsung Electronics Q1 net profits up by 52% year-over-year

Apr 26, 2018 - 10:57 AM

Strong demand for memory chips and the Galaxy S9 drive profits

SAMSUNG. A Samsung logo is displayed in a mall beneath the company's headquarters in the Gangnam district of Seoul on October 12, 2016. Photo by Ed Jones/AFP


Samsung Electronics reports record Q4 and full year profits

Jan 31, 2018 - 11:02 AM

Increased shipments of OLED panels like the ones on Apple's iPhone X contribute to a 73% jump in Samsung's fourth quarter net profit

GAINS. Samsung reports record profits for the last quarter of 2017. File photo by Ed Jones/AFP


Smartphone sales drive Samsung Q2 profit

Jul 28, 2016 - 6:35 PM

Samsung s net profit for the second quarter of 2016 rises to 5 2 billion thanks to its Galaxy S7 and S7 Edge phones

epa05193453 A model holds a Samsung Galaxy S7 edge smartphone during a pre promotional show in Taipei, Taiwan, 04 March 2016. According to news reports, Samsung Electronics Co. sold the most smartphones followed by Apple Inc., Asustek Computers Inc. and HTC Corporation from around 728,000 total smartphone sales in Taiwan by January 2016. EPA/RITCHIE B. TONGO

Samsung posts 19.6% fall in Q2 net profit

Jul 31, 2014 - 11:36 AM

Samsung remains the world s top vendor with 74 million handsets shipped though its overall overall market share slips 7

EARNINGS. A booth builder works at the Samsung booth in preperations for the computer expo CeBIT in Hanover, Germany, March 7, 2014. Peter Steffen/EPA