In the midst of the Covid pandemic, Samsung Electronics saw its profits jump 30% to reach 27 billion euros

The worsening of the Covid-19 epidemic in several areas of the planet continues to drive sales of electronic components for Samsung Electronics. This Friday, the world number one in the sector said that it had, according to its first estimates, recorded a new increase of 26%, year on year, in its operating profit for the quarter going from October to December.

The South Korean giant is believed to have generated 9 trillion won in profits in three months, or the equivalent of 6.7 billion euros, with sales reaching 61 trillion won (45 billion euros). This new quarterly performance should allow the company to post, over the whole of 2020, a 30% jump in its operating profit which will thus have reached, despite the global health crisis, 36 trillion won, or … 27 billion won. euros.

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