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Samsung expects Q1 earnings surprise on strong mobile, home appliance biz

Samsung expects Q1 earnings surprise on strong mobile, home appliance biz
Posted : 2021-04-07 10:16
Samsung Electronics office in Seoul s Gangnam District / Yonhap
Samsung Electronics on Wednesday expected a market forecast-beating earnings for the first quarter as its mobile business fared well, offsetting a relatively tepid performance from the semiconductor business.
In its earnings guidance, the South Korean tech giant estimated its operating profit at 9.3 trillion won ($8.3 billion) for the first three months of the year, up 44.2 percent from a year ago.
Its first-quarter operating income estimate beats the market consensus of 8.95 trillion won in the data compiled by Yonhap Infomax, the financial arm of Yonhap News Agency that surveyed 12 local brokerage houses last month. ....

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Samsung expects $8.3B in Q1 earnings on strong mobile biz

Samsung expects $8.3B in Q1 earnings on strong mobile biz
By
IANS
|
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Samsung Galaxy Note10 and Note10+. . Image Source: IANS News
Seoul, April 7 : Samsung Electronics on Wednesday expected a market forecast-beating earnings for the first quarter of 2021, estimating its operating profit at $8.3 billion for the first three months of the year, up 44.2 per cent from a year ago.
The forecast came as its mobile business fared well, offsetting a relatively tepid performance from the semiconductor business.
On a quarterly basis, Samsung s first-quarter operating income was up 2.8 per cent from the last quarter of 2020, and the sales estimate was up 5.6 percent from the previous quarter. ....

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Samsung Electronics expects $8.3 bn in Q1 earnings on strong mobile biz

Samsung Electronics on Wednesday expected a market forecast-beating earnings for the first quarter of 2021, estimating its operating profit at $8.3 billion for the first three months of the year, up 44.2 per cent from a year ago.
The forecast came as its mobile business fared well, offsetting a relatively tepid performance from the semiconductor business.
On a quarterly basis, Samsung s first-quarter operating income was up 2.8 per cent from the last quarter of 2020, and the sales estimate was up 5.6 percent from the previous quarter.
Samsung, the world s leading memory chip and smartphone vendor, did not break down performances of its respective business divisions, saying it will announce the detailed earnings later this month. ....

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Samsung expects Q1 earnings surprise on strong mobile, home appliance biz – The Korea Times

Samsung expects Q1 earnings surprise on strong mobile, home appliance biz
April 7, 2021
Samsung Electronics Co. on Wednesday expected a market forecast-beating earnings for the first quarter as its mobile business fared well, offsetting a relatively tepid performance from the semiconductor business.
In its earnings guidance, the South Korean tech giant estimated its operating profit at 9.3 trillion won (US$8.3 billion) for the first three months of the year, up 44.2 percent from a year ago.
Its first-quarter operating income estimate beats the market consensus of 8.95 trillion won in the data compiled by Yonhap Infomax, the financial arm of Yonhap News Agency that surveyed 12 local brokerage houses last month. ....

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