Samsung Electronics posts Q3 sales at W86.1 tril., operating profit at W12.2 tril.

Samsung Electronics on Thursday announced that its sales and operating profit for the third quarter stood at 86.1 trillion won ($60.45 billion) and 12.2 trillion won, respectively, marking its largest-ever quarterly sales. According to the company's regulatory filing, sales jumped 8.8 percent from a year earlier on a consolidated basis, while operating profit surged 32.48 percent during the same period. The company attributed the improvements to solid revenues from memory chips, including high-bandwidth memory for artificial intelligence accelerators. Brisk sales of foldable and flagship smartphones also contributed to the company’s overall profitability recovery.Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times