Home Samsung forecasts slower Q4 after smartphones drive jump in Q3 results
 

Keywords :   


Samsung forecasts slower Q4 after smartphones drive jump in Q3 results

2020-10-29 08:33:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by a 50 percent sequential increase in mobile phone sales. While demand recovered in Q3 from the Covid-19 effects earlier in the year, Samsung said it expects profit to fall in Q4, amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics.

Tags: results jump drive samsung

Category:Telecommunications

Latest from this category

All news

»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
More »