Samsung claimed its fourth quarter operating profit rose 26 %, pushed by sales of memory fries as well as display panels.
That has been within line along with the tech giant's guidance this month.
Samsung even said revenue rose 3 % to 61.6 trillion earned, also conference estimates on now.xyz.
Jung Yeon je|AFP via Getty Images Samsung Electronics claimed on Thursday it expects its overall profit to weaken in the first quarter of 2021, hurt by unfavorable currency movements at the mind chip business of its as well as the expense of new production lines.
The forecast comes despite anticipated sound desire for its mobile products and in the data centers business of its.
Samsung posted a 26 % increase in operating profit within the October-December quarter on the rear of strong mind chip shipments and display profits, despite the effect of a reliable won, the price of a brand new chip cultivation line, weaker mind chip costs, and a quarter-on-quarter drop in smartphone shipments.
Samsung's running profit within the fourth quarter rose to 9.05 trillion won ($8.17 billion), from 7.2 trillion won a season prior, inside model with all the business's appraisal earlier this month.
Revenue at the the planet's top maker of smartphones and memory chips rose three % to 61.6 trillion won. Net profit rose 26 % to 6.6 trillion won.