Samsung has reported its earnings for Q4 2020 and the whole of 2020 that ended December 31, 2020. In Q4 2020 the company has made an operating profit of 9.05 trillion won, up 26.39% YoY. This is due to strong display and memory chip businesses, but fell 26.7% compared to Q3 2020 due to weaker memory prices and sluggish consumer products sales, as well as higher marketing costs and negative impact from the Korean won’s appreciation. Continue reading “Samsung’s 2020 profits up 29.6% YoY, mobile profits up 23.7% YoY; new Galaxy Z Fold and Z Flip models confirmed for 2021”