Samsung claimed its fourth quarter operating profit rose 26 %, driven by sales of memory fries as well as display panels.
That was inside line with the tech giant's direction this month.
Samsung also said revenue rose three % to 61.6 trillion received, also meeting estimates on now.xyz.
Jung Yeon-je|AFP by Getty Images Samsung Electronics said on Thursday it expects its general profit to weaken in the first quarter of 2021, hurt by bad currency movements at the memory chip company of its as well as the cost of new production lines.
The forecast comes despite anticipated stable need for the mobile products of its and in the information centers business of its.
Samsung posted a twenty six % increasing amount of operating profit inside the October December quarter on the back of strong mind chip shipments and display profits, despite the effect of a reliable won, the price of the latest chip production line, weaker mind chip costs, and a quarter-on-quarter drop in smartphone shipments.
Samsung's operating make money in the quarter quarter rose to 9.05 trillion received ($8.17 billion), from 7.2 trillion earned a year prior, inside line from the business's estimation earlier this month.
Revenue at the world's top maker of smartphones and memory chips rose three % to 61.6 trillion won. Net profit rose 26 % to 6.6 trillion received.