Monday August 10, 2020

Samsung predicts jump in operating profit

Increase due to much lower marketing spending for the mobile business

10th April, 2016
4
Jump in profits expected at Samsung

Technology giant Samsung has predicted that its operating profit will increase by 10 per cent for the first quarter.

“The biggest reason for the sharply improved profitability is largely due to much lower marketing spending for the mobile business.”

Yoo Eui Hyung, an analyst at Dongbu Securities in Seoul, told Bloomberg

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 3 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 7 months ago