Samsung guides for higher Q1 revenues, operating profit

News Wireless Global 7 APR 2020
Samsung guides for higher Q1 revenues, operating profit

Samsung has provided guidance for the first quarter, saying it sees revenues at KRW 54-56 trillion and the operating profit at KRW 6.3-6.5 trillion. Both figures are lower than the previous quarter’s respective KRW 59.88 trillion and KRW 7.16 trillion, but higher than the KRW 52.39 trillion and KRW 6.23 trillion reported the year before.

A full quarterly report will be released later this month. The quarter was marked by several disruptions to Samsung's production due to the Coronavirus outbreak, as well as the launch of its new flagship smartphone series, the S20 in early March. 

 

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Mobile

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Samsung

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Global

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Sales figures, Financial figures, Consumer devices, Handsets

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