Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics.
Samsung has announced its Q3 2020 earnings report during which it registered its highest-ever quarterly revenue. Its recorded consolidated quarterly revenue of KRW 66.96 trillion ($59 billion), an increase of 8% from the same time last year. The company’s operating profit jumped by a staggering 52% from the previous quarter to KRW 12.35 trillion ($10.10 billion), with net profit increasing to KRW 9.36 trillion ($8.
