Last year will be written in golden letters in the history of South Korean Samsung. In addition to presenting great models Galaxy The S8, S8+ and Note8 broke records in terms of profits as well. Although some analysts were worried that the highly successful year would be spoiled by the last quarter, according to Samsung's own estimates, there is no such threat.

After the record-breaking first and second quarters of last year, Samsung continued on the same note in the fourth quarter. Thanks to the huge profits in the field of chips, he estimates that his profit is close to fourteen billion dollars, which is almost 69% better than what Samsung achieved in the same period a year ago.

Twice as many results as last year

If Samsung's estimates are confirmed, 2017 would mean a record for it in terms of revenue, which should reach up to an incredible 46 billion dollars. which is almost twice as much as it was in 2016, just to give an idea. Considering the products that Samsung presented in 2016, however, we probably cannot be surprised by smaller profits. For example, the affair with his exploding batteries cost him a lot of money Galaxy Note 7, which almost cut off the entire model series and only thanks to the highly successful one Galaxy Note8 are Samsung's phablets back in the limelight.

However, as I mentioned in the second paragraph, the main source of income for Samsung is clearly chips. For those last year, he took roughly 32 billion, i.e. some 60% of the entire profit. A large flow of money was ensured, for example, by a significant increase in the price of DRAM and NAND memory chips. Hopefully, the South Korean giant will not rest on its laurels and will repeat a similarly successful year this year. In view of the internal disputes in the management, which have been rumored for quite some time, we certainly cannot take it as a done deal.

Source: androidauthority