A few days ago, we informed you that the South Korean Samsung expects, at least according to its estimates, very high profits for the first quarter of this year, when its estimate eclipsed even some analysts. Now he has released the official figures for and we have nothing to do but congratulate him. The entry into 2018 really worked out great for him.
Between January and March of this year, South Koreans managed to generate a profit of 60,5 trillion won (roughly 1,2 trillion crowns), and the operating profit reached a dizzying 15,64 trillion won (roughly 303 billion crowns), which is only for interestingly more than 1 trillion won more than what Samsung earned in the same period a year ago.
The new Samsung also had a significant share in the profits for the first quarter of this year Galaxy S9:
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And what was actually behind the company's great profits? According to Samsung, there are more factors. We certainly shouldn't forget the flagships Galaxy S9 and S9+, as well as the semiconductor and display divisions, on which Samsung also makes huge money.
However, profits could have been even higher if all expectations were met and the OLED displays used by, for example, i Apple they went more for sales with their iPhone X. Respectively, although this segment contributed the lion's share to Samsung's success, in view of the boom around OLED displays, South Koreans simply expected more. He can at least enjoy the success of the model line Galaxy The S9, which seems to be selling well. Not even last year's Galaxy However, the S8 is not doing badly and also makes up a decent part of Samsung's profit.
Entering this year has been a success for Samsung. Hopefully, it will follow up on similar results in the following quarter and again declare at the end of the year that it has managed to break its profit record again. He certainly has a great way of doing it.
Source: Sammobile
