Samsung reports yearly profit increase despite COVID-19 pandemic

28 January 2021
The company scored a 26.4% increase in operating profit, sales rose as well.

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” The mobile division recorded a decrease both in sales and operating profit during the holiday period. Q4 2020 saw only KRW2.4 trillion ($2.14 billion) in profit, which was 34% less than Q4 2019, and Samsung said this was due to weaker sales”

Samsung who mostly sell low-end phones couldn’t sell more than 73m. Really bad sign for the future. Looks like Huawei lost is going for Xiaomi instead of Samsung

    Anonymous, 28 Jan 2021Good for Samsung. Excellent news. Keep putting out quality ... moreEver heard of Galaxy S21?

      • ?
      • Anonymous
      • gqv
      • 28 Jan 2021

      Good job Samsung

        • ?
        • Anonymous
        • j%t
        • 28 Jan 2021

        Good for Samsung. Excellent news. Keep putting out quality devices and we'll keep buying them.