The COVID-19 pandemic has apparently not slowed down Samsung’s growth by a large amount, with their current estimates even beating initial expectations. Samsung posted its earnings guidance for Q1 2020, being one of the first tech companies to do so, estimating approximately 55 trillion Korean won ($45.26 billion) in sales and 6.4 trillion Korean won ($5.26 billion) in operating profit.
Continue reading “Samsung estimates $5.2 billion profit for Q1 2020, up 2.7% YoY”