Samsung Electronics Q2 improvedChristian Fernsby ▼ | July 30, 2020
Samsung Electronics reported KRW 52.97 trillion in consolidated revenue and KRW 8.15 trillion in operating profit for the second quarter ended June 30, 2020.
NAND Slower demand for mobile memory resulted in weaker NAND
The Mobile Communications Business reported solid profitability on marketing cost reductions and other cost optimizations, despite weaker sales of smartphones.
The Consumer Electronics Division posted higher earnings over growing sales of appliances such as air conditioners and dryers, as well as premium TVs including QLED models. ■