Samsung is getting ready to announce its highest quarterly profit in a year and a half

's position, the ex-number one smartphone vendor in the world was certainly not pleased with its financial performance in 2023, finishing the year not only

But things are starting to look up again for the Korea-based giant, and that's likely due to both slowly recoveringshipments and rapidly rising memory chip prices. We won't know for sure which of the company's divisions generated the biggest financial gains in Q1 2024 until late April, with only a overall

In short, Samsung expects to make approximately 6.6 trillion Korean won in profit for the January-March timeframe of this year on the back of consolidated sales of around 71 trillion won. That equates to roughly $4.9 billion and $52.5 billion respectively, and what's interesting to note is that profits are up massively from the KRW 0.

Looking ahead to the future, it's hard to know exactly what to expect... until Samsung publishes its full and detailed financial analysis for the latest quarter, although global memory chip demand is predicted to stay steady andare still booming worldwide.

Despite the challenges of balancing full-time parenthood with his work, Adrian's passion for tech trends, running, and movies keeps him energized. His commitment to mid-range smartphones has led to an eclectic collection of devices, saved from personal bankruptcy by his preference for 'adequate' over 'overpriced'.A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative.

Source: Entertainment Trends (entertainmenttrends.net)

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