Samsung had mentioned in a preliminary statement that it expected its operating profit to increase by 931 percent in the next financial year compared to the previous one, as the Korean giant had confidence that it could put a stop to its losing streak. Sure enough, in the latest Q1 2024 report, the company posted a jaw-dropping 933 percent increase in operating profit compared to Q1 2023, with several business divisions showing incredible growth in just a 12-month period. Samsung’s Q1 2024 revenue was just 17 percent higher compared to Q1 2023; smartphone’s operating profit made up the majority of […]
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