Samsung posts record-high revenue thanks to its chip and mobile businesses | Engadget

It's also thanks to the high demand for its phones that Samsung's display business was able to post 8.86 trillion won or US$7.5 billion in revenue. It also reported an operating profit of 15.82 trillion Korean won or U$13.5 billion, which is 26 percent higher than the previous quarter's. For the fourth quarter specifically, it's expecting even higher earnings "due to expanded supply of SoCs and related products for launches of new 5G smartphones in 2022. The third quarter of 2021 was a record breaker for Samsung, which posted a revenue of 73.98 trillion Korean won or US$63.1 billion. "In addition to its chip business, Samsung's mobile division also contributed greatly to its record-breaking third quarter. Samsung says it was able to do business as usual despite the global shortage in chip components "by flexibly operating its product mix. Its DRAM sales, mainly for servers, continue to grow and is the leading factor for the division's stellar performance.
The third quarter of 2021 was a record breaker for Samsung, which posted a revenue of 73.98 trillion Korean won or US$63.1 billion. That's 10 percent higher from the same period last year. It also re… [+1882 chars]