Tag: Samsung Q2 2017

Samsung has reported its earnings for Q2 2017, in which the company has made operating profit of 14.07 trillion won ($12.7 billion), up 72.85% YoY for the quarter that ended June 30, 2017. This is all-time high quarterly profit, due to strong System LSI sales through increased sales of AP and CIS products while the Display Panel Business expanded sales of flexible OLED panels for premium smartphones and high-value LCDs under stable prices. Continue reading “Samsung reports record profits in Q2 2017, up 73% YoY”

Samsung has posted its earnings guidance for the second quarter of 2017, which reveals that it will post an all time high 13.9 ~ 14.1 trillion Korean won (US$12.1 billion approx.) in operating profits for the quarter, 72% up from a year earlier. This will beat the 10.16 trillion won (~US$9.6 billion) that it posted back in Q3 2013. Last quarter it posted operating profit of 9.9 trillion won (about $8.7 billion) on revenue of 50.55 trillion won.

Continue reading “Samsung’s earnings guidance for Q2 2017 reveals record profits”