Smartphone sales more than 50% of Samsung record Q3 income
Complex Made Simple

Smartphone sales more than 50% of Samsung record Q3 income

Smartphone sales more than 50% of Samsung record Q3 income

Samsung Electronics has said its net profit has almost doubled to a record 6.6trn won ($5.97bn) in the third quarter, powered by strong smartphone sales and huge demand for display panels, AFP has reported. The world's largest technology firm by revenue also saw a record operating profit in July-September of 8.12trn won, up 91% from the same period last year. Samsung said its mobile communications business took in 26.25trn won in revenue for the quarter, accounting for more than half the company's total.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved