TODAY'S TOP STORIES

Samsung Q1 Profit Climbs

Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported a profit for the first-quarter that climbed 45.06 percent from last year, reflecting strong demand for mobile devices and other technology during the pandemic. Quarterly revenue grew 18.19 percent from the prior year.

Looking ahead for the second quarter, the company expects earnings at the semiconductor business is to increase as memory market conditions improve on the back of strong server demand.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More TODAY'S TOP STORIES