Samsung posts record quarterly profit

collected by :Molly Tony

referring to Samsung announced a record quarterly profit on Thursday thanks to powerful request for semiconductors used in servers, in spite of weakness in the universal phone market which the firm told can slow earnings growth.

LG's record profits review Samsung missed out on OLED TVs

LG just reported record earnings for its premier 3 months of the year, making 1.11 trillion beat ($1.03 billion) in profit off 15.12 trillion beat ($14.1 billion) in income — the top first-quarter figures in firm history. The standout performer was LG's house entertainment division, that reported a 76.5-percent raise in operating profit year on year, largely driven with the discound of high-end OLED and "Super UHD" LED 4K TVs. LG's OLED sets are widely considered the better you could buy, and affiliate LG Display essentially has a monopoly on OLED panel produce for LG and other television companies. Samsung doesn't make OLED TVs at all, meantime — it's currently pushing quantum-dot LED TVs under the marketing name "QLED," with a long-term goal of driving the genuinely new MicroLED tech to market. Right now, though, it looks like Samsung has been been outmaneuvered in the high-end space with its native competitor.

Samsung tempers record earnings with pessimistic phone outlook

As it stated in Samsung's latest earnings report is a succinct lesson in hoping for the better and preparing for the worst. The actual break news here is Beautiful positive, as the firm reports a record operating profit, courtesy of high request for its components and flagship handsets. Samsung is the user electronics poster child from the importance of output diversity. But the firm tells it believes which going to be buoyed in fraction with promoted summer request for TVs and air conditioners. People might not be buying as many new smartphones in the future, however hey, climate change going to make sure we always want ACs.