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Samsung revenues improved in Q3 despite underwhelming phone sales
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 3% increase in sales but a 14% decline in profit as the market was affected by global inflation. (all units in KRW / USD) Q3 2024 Q2 2024 QoQ Change Q3...
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