Wednesday, October 28, 2015

Samsung Sees Profits Increase in Q3 Thanks to Chips and Displays

Samsung Sees Profits Increase in Q3 Thanks to Chips and Displays

Samsung just published their quarterly report for Q3 of 2015 with things looking pretty good for the South Korean tech giant. Firstly, revenue was up by 9%(to $45.1 billion) and profits were up 29% compared to last year. While sales were up in their smartphone division, it wasn’t what the company has expected and most of the profit has come up an increase demand in chips and displays.

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