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Samsung profit beats estimates - Taipei Times

Samsung Electronics Co reported a surge in first-quarter profit on strong sales of memory chips and premium smartphones, but cautioned of risks ahead from inflation and geopolitical uncertainty. Net income increased more than 50 percent to 11.13 trillion won (US$8.8 billion) in the three months ended March. Analysts predicted 10.14 trillion won on average, estimates compiled by Bloomberg showed. Still, Samsung repeatedly warned about the potential impact from the war in Ukraine, surging inflatio...
Soult Ukpyolsi South Korea Jinman Han Samsung Electronics Co Taiwan Semiconductor Manufacturing Co The Taipei Times

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