Record Q1 profits expected by Samsung
- Author:Ella Cai
- Release on:2017-04-07
Thanks to the soaring memory market, Samsung is expecting record Q1 profits, despite the Galaxy Note 7 fiasco.
The company is forecasting $8.8 billion in profits – a 48% jump from Q1 2016.
The Q2 profit could be bigger because of the launch of the Galaxy 8.
Q1 revenues are expected to be flat with Q1 2016 at $44 billion.
The company is forecasting $8.8 billion in profits – a 48% jump from Q1 2016.
The Q2 profit could be bigger because of the launch of the Galaxy 8.
Q1 revenues are expected to be flat with Q1 2016 at $44 billion.
