Samsung revenues improved in Q3, phone sales up 2%

Estimated read time 1 min read

Samsung posted its financial results for July-September 2024, with both sales and operating profit improving on a yearly basis. The biggest contributor was the DS division, which comprises of the memory, system LSI, and foundry businesses. It saw a 78% increase in sales and a 200% jump in total profit of KRW 3.86 trillion.

The MX business, which sells Galaxy phones, tablets and accessories, posted a modest 2% increase in sales but a 14.5% decline in profit as the market was affected by global inflation.

(all units in KRW / USD)
Q3 2024
Q2 2024
QoQ Change
Q3…

​ Samsung posted its financial results for July-September 2024, with both sales and operating profit improving on a yearly basis. The biggest contributor was the DS division, which comprises of the memory, system LSI, and foundry businesses. It saw a 78% increase in sales and a 200% jump in total profit of KRW 3.86 trillion.

The MX business, which sells Galaxy phones, tablets and accessories, posted a modest 2% increase in sales but a 14.5% decline in profit as the market was affected by global inflation.

(all units in KRW / USD)
Q3 2024
Q2 2024
QoQ Change
Q3…   Read More GSMArena.com – Latest articles 

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