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Samsung Q4 falls on continued price weakness, mitigated by strong mobile business

2020-01-30 09:42:00| Telecompaper Headlines

(Telecompaper) Samsung said revenues for its fourth quarter slipped to KRW 59.88 trillion from 59.27 trillion, with the operating profit decreasing to KRW 7.16 trillion from 10.80 trillion. For the full year revenues went to KRW 230.40 trillion from 243.77 trillion and the operating profit to KRW 27.77 trillion from 58.89 trillion. Capex amounted to KRW 26.9 trillion, including KRW 22.6 trillion spent on semiconductors and KRW 2.2 trillion on displays.

Tags: business price mobile strong

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