samsung electronics expects recordhigh q2 profits
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Samsung Electronics expects record-high Q2 profits

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Emiratesvoice, emirates voice Samsung Electronics expects record-high Q2 profits

Samsung Electronics
Seoul - Emirates Voice

 Samsung Electronics said Friday it expects profits to jump 72 percent in the second quarter to a record high, amid soaring memory chip prices and increased demand for smartphones.

Operating profit is estimated at 14 trillion won ($12.1 billion) in the April-June period, up from 8.14 trillion won a year earlier, the tech giant said.

 

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