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Samsung: Record earnings in the third quarter

Η High demand for Samsung data centers offset growing competition in smartphones and driven the South Korean giant's operating profit to new all-time highs in the third quarter.

According to preliminary data released today by the company, its operating profit in the period July-September climbed to 17,5 trillion. won ($ 15,5 billion), exceeding the forecast of analysts, which had been set by analysts at 17,2 trillion. won. If the data is confirmed it will be the best performance of all time for Samsung.

The company did not publish individual data on sales and overall performance. The detailed, confirmed financial results will be published at the end of October.

Source

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