Samsung has reported its earnings for Q3 2019 that ended September 30, 2019, in which the company has made operating profit of 7.78 trillion won, down 55.7% YoY. This due to continued weakness in the memory chip market, even with stronger smartphone sales and improved utilization in mobile OLED screens, said Samsung. It reported revenue of 62 trillion won, down 5.2% YoY from 65.46 trillion won last year. Continue reading “Samsung’s Q3 2019 profits down 55.7% YoY, mobile profits up 31.5% YoY due to strong Galaxy Note 10 and A series sales”