Friday, October 5, 2018

Samsung forecasts record $15.5B profit thanks to chips not smartphones – TechCrunch

Samsung’s last quarter of business saw its slowest growth of profits in a year thanks to weak sales of its flagship Galaxy S9 smartphone. But the company is about much more than just phones, and that’s why it is forecasting a record operating profit of nearly $15.5 billion for its upcoming Q3 results. The Korean firm said in a filing that it expects to revenue jump five percent year-on-year to

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