Samsung Electronics reported its financial results for Q1 2020. It was a good quarter for Samsung, driven by high demand for its chips - and also its mobile OLED displays. Samsung sales int he first quarter reached $45 billion while its operating profit rose 3.4% from last year to $5.2 billion.
Samsung warns though that its Q2 2020 results will be lower than previously estimated due to the CoronaVirus outbreak. Samsung did not detail its expectations for its display unit in Q2.
Posted: May 01,2020 by Ron Mertens
