Samsung Electronics reported its financial results for Q3 2019 - with sales of 62 trillion Won ($53 billion USD) and an operating profit of 7.78 trillion Won ($6.6 billion USD). Samsung reported lower memory earnings - but stronger smartphone and OLED panel sales.
Samsung Display saw increased profit from smartphone displays as demand for flexible OLED panels increased. SDC also reported improved OLED utilization rates.
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Posted: Oct 31,2019 by Ron Mertens
