Samsung Q1 results shows increased smartphone profits despite COVID-19

Samsung has posted its quarterly report for the January - March 2020 period and it doesn't look that bad. The company met analysts' expectations and revealed a slight revenue decrease on a quarterly basis due to seasonality, but profits rose compared to Q1 2019. The mobile business reported less revenue than 12 months ago, but operating profit increased. Despite a decline in shipped units, the launch of the Galaxy S20 lineup and expanding its 5G portfolio allowed the Korean company to salvage its profitability. (in KRW/USD) Mobile DivisionRevenue Mobile...



Comments

Popular posts from this blog

Behind Dynamic System Updates in Android Q: How Google is using Project Treble to improve future Android releases

POCO X2 and Xiaomi Redmi K30 5G forums are now open

Realme Buds Air TWS Review: Desirable truly wireless audio meets Realme’s reliability