The world's biggest smartphone maker said it expected its operating profits to reach around 15.8 trillion won in a regulatory filing, up 27.9 percent year-on-year.
Samsung Electronics estimated sales for the July-September period at 73 trillion won, up 9.0 percent year-on-year -- a record for any quarter, a spokeswoman told AFP. Coronavirus-driven working from home has boosted demand for devices powered by Samsung's chips, as well as home appliances such as televisions and washing machines.
The currency effect has offset troubles caused by "disruptions in smartphone shipments" caused by parts shortages and coronavirus lockdowns in Vietnam and India, where it has production lines, Hana Financial Group said in a report.
Source: Tech Daily Report (techdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASEAN think tank cuts 2021, 2022 PH growth forecastAMRO said the Philippines would grow just 4.3 percent this year, and 6.7 percent next year.
Source: ANCALERTS - 🏆 26. / 50 Read more »
Mayor Aguilar’s Christmas wish: Herd immunity for Las PinasLas Pinas City Mayor Imelda Aguilar announced on Thursday (October 7) that the city is now nearing herd immunity with less than 14 percent left of the total population that are unvaccinated.
Source: manilabulletin - 🏆 25. / 51 Read more »
Democrats target palm oil, beef in deforestation billExperts estimate that deforestation accounts for about 10 percent of global greenhouse gas emissions.
Source: ANCALERTS - 🏆 26. / 50 Read more »
Democrats target palm oil, beef in deforestation billExperts estimate that deforestation accounts for about 10 percent of global greenhouse gas emissions.
Source: ABSCBNNews - 🏆 5. / 83 Read more »
She's back! Adele teases new music with video clipBritish singer Adele teases her first new music since her 2015 Grammy Award winning album ‘25,’ with a video clip for the song ‘Easy On Me.’ Full story:
Source: rapplerdotcom - 🏆 4. / 86 Read more »
KKR hikes stake in First Gen Corp to 19.9 percentUS-based global investment firm KKR raised its stake in First Gen Corp to 19.9 percent after investing an additional P8.68 billion.
Source: ABSCBNNews - 🏆 5. / 83 Read more »