Profits from Samsung phones have reached an all-time high since the pandemic commenced

Samsung Electronics has reported its highest first-quarter revenue since2018, owing to rising smartphone sales of its flagship Galaxy S21 line. (as per BBC News) Net profits at the Korean conglomerate increased 46.3 percent year on year to 7.1 trillion. Sales of televisions and home appliances increased significantly, owing to the continued popularity of stay-at-home consumers. […]

Samsung Electronics says Q1 profit likely rose 44%, matching expectations

SEOUL (Reuters) -Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 […]