Samsung Electronics announced its financial results for Q1 2017, with the highest quarterly operating profit ($8.75 billion) since 2013 - as Samsung's component business boomed while its mobile phone sales were down.
Samsung Display reports that OLED performance improved compared to both last year and last quarter due to strong demand an increased sales of its new flexible AMOLED displays. Revenue is expected to continue growing in the coming years, mostly due to an increase in flexible OLED supply in the second half ot the year. Samsung is worried however from growing competitiveness for its mid to low-end rigid OLED sales from high-end LTPS LCD panels.
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Posted: Apr 27,2017 by Ron Mertens
