ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Technology

Samsung 1Q profit jumps 44.2% on strong smartphone sales

Top memory chipmaker overcomes losses from Texas plant idled in winter storm

Samsung Electronics, the world's biggest manufacturer of smart phones and memory chips, reported operating profit and sales gains during the first quarter of this year.   © Reuters

SEOUL -- Samsung Electronics said Wednesday that its operating profit rose 44.2% in the first quarter from the same period last year, led by strong sales of smartphones and home appliances during the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more