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NEWS TAGGED OPERATING PROFIT
Friday 9 August 2024
Acer reports 15.2% sales surge in 2Q24
Acer achieved a 15.2% increase in sales during the second quarter of 2024, accompanied by robust double-digit profit growth both sequentially and year-over-year. The company's diversification...
Wednesday 7 August 2024
Samsung's DS division unveils new 'C.O.R.E' system in response to labor strikes
Due to ongoing strikes, Samsung Electronics may face a semiconductor production crisis in the second half of 2024. To address communication issues between departments, Young-hyun...
Tuesday 6 August 2024
Samsung boosts profit with semiconductor strength, system LSI surge
Samsung Electronics reported strong results for the second quarter of 2024, with its Device Solutions (DS) division, led by memory chips and the System LSI Business, driving nearly...
Tuesday 6 August 2024
Samsung Electro-Mechanics and LG Innotek post strong 2Q24 results eyeing further growth
South Korea's leading component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have defied the traditional second-quarter slump with impressive results, driven by recovering...
Monday 5 August 2024
Samsung's mobile division sees profit decline in 2Q24 amid rising material costs
Samsung Electronics has released its financial report for the second quarter of 2024, revealing that its Mobile Experience (MX) division, despite showing improved revenue compared...
Thursday 1 August 2024
Samsung reportedly reforming bonus system to prevent semiconductor talent outflow
Samsung Electronics has implemented the Overall Performance Incentive (OPI) reward system for over 20 years. In response to employee demands and to retain talent, the company is reportedly...
Wednesday 31 July 2024
Samsung earnings report surges in Q2 revenue and profits amid strong display sales
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit...
Monday 29 July 2024
LG Innotek posts record results for2Q24, driven by iPhone 15 boom
LG Innotek delivered a stellar performance in the second quarter of 2024, with revenue hitting a quarterly record and operating profit soaring by 726.2% year-on-year. Analysts credit...
Friday 5 July 2024
Samsung expected to achieve 14-fold surge in operating income amid memory business recovery
Samsung Electronics is poised to report impressive results for the second quarter of 2024, driven by a recovery in the semiconductor industry. The company's operating profit surpassed...
Wednesday 26 June 2024
SK Hynix thrives in HBM market while Samsung awaits Nvidia certification
SK Hynix's performance outlook in the High Bandwidth Memory (HBM) market has garnered optimism from South Korea's securities industry, driven by major customer orders from NVIDIA,...
Tuesday 25 June 2024
LG and Hyundai team up for automotive electronics
Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.
Friday 3 May 2024
Samsung's MX division scores stellar 1Q24 results fueled by AI-powered Galaxy S24 success
Bolstered by strong sales of its first AI smartphone, the Galaxy S24 series, which debuted earlier this year, Samsung Electronics Mobile eXperience (MX) division achieved remarkable...
Friday 3 May 2024
SDC saw operating profits drop in 1Q24 due to weak iPhone sales and intensifying competition
With sluggish iPhone sales and intense competition from Chinese panel manufacturers, Samsung Display (SDC)'s operating profit in the first quarter of 2024 saw a 56% year-on-year decrease...
Thursday 2 May 2024
Samsung's 1Q24 revenue saw major boost, though semiconductor profits fell behind SK Hynix
In the first quarter of 2024, Samsung Electronics successfully turned a profit in its semiconductor business due to increased demand for AI-related memory. Coupled with the sales...
Tuesday 19 March 2024
Global top-3 memory maker status, 4Q 2023

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