Design & Reuse

Samsung expects a $58bn revenue Q3

Samsung expects a 20% y-o-y increase in Q3 profit to $15.6 billion – another record.

electronicsweekly.com, Oct. 08, 2018 – 

Revenues are expected to be $58 billion.

Samsung's semiconductor business accounted for 78% of Samsung's profits in Q2, but displays and phones saw a Q2 profits decline.

Q3 is expected to be better than Q2 for the display business as Apple's new iPhones use the higher-value OLEDs rather than LCDs. Apple accounts for 25-30% of Samsung's display revenues.

Click here to read more...