Samsung reports Q3 net profit of ~$10.5B, up 31% YoY, on record revenue of ~$63B, up 10% YoY, beating estimates; operating profit rose 26% YoY to ~$13B (Richard Lawler/The Verge)

Richard Lawler / The Verge:
Samsung reports Q3 net profit of ~$10.5B, up 31% YoY, on record revenue of ~$63B, up 10% YoY, beating estimates; operating profit rose 26% YoY to ~$13B  —  Plus high demand for foldables, Switch OLED, and the iPhone 13.  —  In 2020, Samsung weathered the pandemic by posting a record high …



from Techmeme https://ift.tt/3jLqS6J

Comments

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures, who as a founding investor incubated Snowflake Computing as an interim CEO (Kevin/kwokchain)

Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation (Emma Lee/TechNode)