Wednesday 31 October 2018

Samsung Electronics reports Q3 financial results, chips compensating for unimpressive mobile sales

Right on cue, Samsung Electronics released the consolidated financial results for the third quarter of 2018. The results show how each subdivision of Samsung Electronics has performed over the last three months in terms of revenue and profits, as well as the overall results for the quarter.

Looking at the global picture, Samsung has earned itself a pat on the back, improving on its sales total with more than 5%, reaching $57.46 billion. More importantly, however, the company’s consolidated profits are up 20.9% from Q2 of 2018, hitting $15.41 billion.

Beyond the dry numbers, ...

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