Samsung to see an 18% increase in profits in Q3 2018 - Advanced Gadget News

Latest

Advanced Gadget News.delivers current local and national news, tech, gadget, gaming, tricks and tips, photos, videos, Downloads

Tuesday, 2 October 2018

Samsung to see an 18% increase in profits in Q3 2018

Samsung is expected to announce its guidance earnings later this week and analysts expect more impressive results. According to a report from Reuters, the chip business did a stellar job and helped the company to an 18% overall increase in profit and 3.7% increase in revenue. The smartphone business, however, will see its operating profit drop for a third consecutive quarter. The July-September period marks the end of a two-year cycle of tight supply for some types of chips and the trend reveals a spike should be expected in the last quarter. The preliminary results, expected on...



from GSMArena.com - Latest articles https://ift.tt/2Qnax6O

No comments:

Post a comment