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News section > Consumer Electronics

Samsung Q2 profit up 23%

2020-07-07 Editor：Super administratorSource：Original


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Operating profit is expected to $6.8 billion – the highest since Q4 2019.Revenue is expected to be down 7% y-o-y to $43 billion.Rising DRAM prices pushed up the profit. DRAM prices rose 14% in Q2 but flattened June on May.The display division received an $835 million payment from Apple to compensate for reduced iPhone display orders which fell below an agreed pre-set level.


Source: This news is taken from www.electronicsweekly.com


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