photo InternetUA
Samsung announced a quarterly financial results, reporting a net profit of $ 6.8 billion. This was the highest in three years. The main source of income was the production of components and, in particular, semiconductors and displays. But the mobile business showed a decline due to adjustments in prices for flagship smartphones.
At the same time there was an increase in sales of memory and display modules. The report says that despite a decline in demand for tablets and smartphones, Samsung in the reporting period increased sales of such devices. It is, first of all, the middle and low price segments.
Korean corporation intends to increase cash flow through sales of Galaxy S8 and Galaxy S8 + in the current quarter. The calculation also assumes the growth of competition in the mobile market.