Samsung said its fourth quarter operating profit rose twenty six %, driven by sales of mind fries as well as display panels.
That has been within line with the tech giant's support this month.
Samsung also said revenue rose 3 % to 61.6 trillion earned, also conference estimates on now.xyz.
Jung Yeon-je|AFP via Getty Images Samsung Electronics said on Thursday it expects its overall profit to weaken in the very first quarter of 2021, hurt by unfavorable currency moves at its mind chip company as well as the price tag of new production lines.
The forecast comes despite expected sound need for the mobile products of its and in the information centers business of its.
Samsung posted a twenty six % rise in operating profit within the October December quarter on the rear of strong memory chip shipments and display earnings, despite the impact of a reliable won, the cost of a new chip production line, weaker mind chip costs, and a quarter-on-quarter drop of smartphone shipments.
Samsung's operating make money within the fourth quarter rose to 9.05 trillion earned ($8.17 billion), by 7.2 trillion won a year earlier, within model from the company's estimate earlier this month.
Revenue at the earth's top maker of smartphones and memory chips rose 3 % to 61.6 trillion received. Net benefit rose twenty six % to 6.6 trillion won.