Turn off the Ad Banner  

To print: Select File and then Print from your browser's menu.

    -----------------------------------------------
This story was printed from CdrInfo.com,
located at http://www.cdrinfo.com.
-----------------------------------------------

Appeared on: Friday, April 6, 2018
Samsung Reports Profit on High Memory Sales

Samsung Electronics announced a record first-quarter profit on strong memory chip sales.

The company forecast January-March profit to leap 57.6 percent from a year earlier to 15.6 trillion won ($14.7 billion).

Revenue for the quarter was tipped to rise 18.7 percent to 60 trillion won, Samsung said in a regulatory filing.

In a separate development, prosecutors searched the offices of a Samsung Electronics unit on Friday as part of a probe into allegations the conglomerate had sabotaged worker's efforts to strengthen labor unions, a South Korean prosecutors' office said.

A Samsung spokeswoman said prosecutors had secured labor-related documents.



Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .