On our website, you could read in the past weeks that it has Samsung great strides to great financial results for the third quarter of this year. The company is doing well on practically all fronts and the money just keeps pouring in. That's why the analysts they predicted surpassing the record from the previous quarter, which was already considered a great success at the time.

Samsung was very well aware of the great expectations, and that is why a stone must have fallen from his heart when he revealed the exact figures of record profits today. The company recorded revenues of $55 billion, from which comes a net profit of $12,91 billion.

In the main role of semiconductors

As expected, semiconductors were the most significant contributor to Samsung's coffers. Sales for them make up more than two thirds of all profits. However, mobile phones and memory chips also recorded very strong sales. However, such a strong year-on-year increase as Samsung recorded for semiconductors (146% year-on-year), they did not attack by mistake.

On the other hand, the production division of displays recorded a slight decrease, despite the fact that worldwide interest in OLED panels has increased significantly. Considering the other industries in which Samsung is doing great, however, this doesn't bother anyone much.

The best year in the company's history?

The fact that Samsung managed to reach its maximum profit margin laid a very good foundation for breaking the long-standing record. In addition, South Koreans have more than good prospects for earnings in the fourth quarter. Sales of semiconductors, OLED panels and other products, which make up a significant percentage of profit, should continue according to all forecasts so far. So let's be surprised at what number Samsung's profits will end up with this year. however, it is already certain that they will be giants.