2020 was certainly a challenging year for many companies, but while Samsung reportedly failed to meet its global smartphone sales goal largely due to the ongoing coronavirus pandemic, the tech giant’s bottom line didn’t have a lot to suffer.
That’s according to the chaebol itself, which officially expects to yield a profit of approximately 9 trillion Korean won for the October – December 2020 period on consolidated sales of around KRW 61 trillion. Those numbers roughly equate to 8.25 billion US dollars and $55.9 billion respectively, marking a pretty significant drop from Samsung’s Q3 2020 scores but also surging from the same period of the previous year.
Interestingly, while the company’s overall sales may have registered a modest year-on-year growth of no more than a couple of percentage points, the quarterly operating profit likely jumped by around 25 percent compared to the final three months of 2019.
Source: Phonearena
Easy access to direct links at the highest speed
Includes: Official ROMs, Unofficial ROMs, Combinations, Custom recovery and ...
Professional online support for customers who need guidance.
Guaranteed returns money if you have trouble downloading or download links
Comments