Samsung reported that operating profit from January to March fell 3.3 per cent from a year earlier to 8.5 trillion won (£4.87bn), but suggests that the period is ‘traditionally slow’ for sales.
The Korea-based technology giant reported that profit in the mobile division was 6.43 trillion won, down 1.2 per cent from 6.51 trillion won in the same period in 2013.
However, the company predicts that things will pick up in the next quarter, with orders for display panels that are used for premium smartphones and TVs expected to increase, as new mobile devices are rolled out into the market and as Read full story ›
Source: The Drum
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