Internet News World

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot
    July 2, 2023

    Advice | Carolyn Hax: A favor between friends spirals into a complaint triangle – The Washington Post

    July 2, 2023

    Longtime Chicago DJ Richard 'Dick' Biondi dies at 90 – Chicago Tribune

    July 2, 2023

    Young & Restless Preview: Sharon Asks Nick to Get His Hands Dirty — and Victor Gives [Spoiler] a Serious Warning – Soaps.com

    Facebook Twitter Instagram
    Trending
    • Advice | Carolyn Hax: A favor between friends spirals into a complaint triangle – The Washington Post
    • Longtime Chicago DJ Richard 'Dick' Biondi dies at 90 – Chicago Tribune
    • Young & Restless Preview: Sharon Asks Nick to Get His Hands Dirty — and Victor Gives [Spoiler] a Serious Warning – Soaps.com
    • Seth "Freakin" Rollins addresses Damian Priest: Money in the Bank 2023 Press Conference highlights – WWE
    • Liv Morgan, Shotzi and more WWE Superstars give back to the London community – WWE
    • The Usos vs. Roman Reigns & Solo Sikoa – The Bloodline Civil War: Money in the Bank 2023 highlights – WWE
    • Darren Drozdov, a Former Pro Wrestler, Dies at 54 – The New York Times
    • Cody Rhodes vs. Dominik Mysterio: Money in the Bank 2023 highlights – WWE
    Facebook Twitter LinkedIn Pinterest RSS
    Internet News World
    • Home
    • Breaking
    • News
    • Gadgets
    • Foodies
    • Featured
    • Entertainment
    • Lifestyle
    Internet News World
    You are at:Home»Gadgets»Samsung Q3 2022 Financial Results Announcement

    Samsung Q3 2022 Financial Results Announcement

    0
    By News Staff on October 27, 2022 Gadgets


    Samsung Q3 2022 Financial Results

    Samsung has announced its financial results for the third quarter of 2022. The company’s revenue is 76.78 trillion won and operating profit is 10.85 won.

    Samsung said its operating profit fell 23% last quarter, but this is not expected to affect its full-year earnings.

    Despite the difficult business environment, consolidated total revenue for the third quarter reached a record high of KRW 76.78 trillion and operating profit decreased 23% from the previous quarter to KRW 10.85 trillion. The company has posted record earnings in each quarter so far this year and expects full-year earnings to surpass the all-time high set for 2021.

    Memory business revenues declined as customer destocking exceeded market expectations and demand for consumer products remained weak. The system LSI business saw a decline in profits due to sluggish demand for mobile phones and TVs, while the foundry business posted record-high quarterly sales due to improved yields of cutting-edge nodes.

    SDC (Samsung Display Corporation) posted record earnings in its mobile panel business as demand increased following the release of new flagship smartphones, including foldables, while the large panel business remained buoyant as TV and monitor markets continued to grow. Losses continued to be recorded during the slump.

    More information on Samsung’s third quarter 2022 earnings results can be found on Samsung’s website at the link below.

    source samsung

    Image credit: Cote Puerto

    Filed Under: Technology News




    Disclosure: Some articles contain affiliate links. When you buy something through one of these links, Geeky Gadgets earns an affiliate commission. learn more.

    Latest Geeky Gadgets Deals





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    News Staff
    News Staff
    • Website

    Related Posts

    Your Valentine will love these kitchen gadgets as much as she loves you.

    Spy gadgets used before James Bond include WWII bladed coin and hidden dagger

    8 Incredible Gadgets That Will Turn Your Car Into The Ultimate Batmobile

    Don't Miss
    Top Stories
    July 2, 20230

    Advice | Carolyn Hax: A favor between friends spirals into a complaint triangle – The Washington Post

    Advice | Carolyn Hax: A favor between friends turns into a complaint triangle The Washington PostAdvice…

    July 2, 2023

    Longtime Chicago DJ Richard 'Dick' Biondi dies at 90 – Chicago Tribune

    July 2, 2023

    Young & Restless Preview: Sharon Asks Nick to Get His Hands Dirty — and Victor Gives [Spoiler] a Serious Warning – Soaps.com

    July 2, 2023

    Seth "Freakin" Rollins addresses Damian Priest: Money in the Bank 2023 Press Conference highlights – WWE

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks
    July 2, 2023

    Advice | Carolyn Hax: A favor between friends spirals into a complaint triangle – The Washington Post

    July 2, 2023

    Longtime Chicago DJ Richard 'Dick' Biondi dies at 90 – Chicago Tribune

    July 2, 2023

    Young & Restless Preview: Sharon Asks Nick to Get His Hands Dirty — and Victor Gives [Spoiler] a Serious Warning – Soaps.com

    July 2, 2023

    Seth "Freakin" Rollins addresses Damian Priest: Money in the Bank 2023 Press Conference highlights – WWE

    Subscribe to Updates

    Get The Latest News & Information From Internet News World

    About Us
    About Us

    Internet News World Is Your Best Source For Daily News Information & Trusted Reporting. We work hard to ensure our reporting and information is accurate, fair and based on real journalism you can trust. In a world filled with inaccuracies, bias and false information, turn to Internet News World for your daily digest of the news that matters most.

    Copyright © 2023 Internet News World - ALL RIGHTS RESERVED
    • Home
    • Contact us
    • DMCA
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.