Announced the giant Korean Samsung announced its financial results for the third quarter of the current year, 2018, which have witnessed the decline of the company’s revenue compared with the same period last year in spite of net profit standard.
The company has achieved operating profits of $ 14.87 trillion Korean won (13.3 million), an increase of 6% over last year and sales reached to 58.4 trillion Korean won (52.1 million); the company’s revenue experienced a decrease of $ 4% During this quarter compared with the second quarter of 2017.
The company said that the decline in revenues came as a result of poor sales of phones and networks during this period, since all the conversions I talked about the weak sales of Galaxy S9 which has become less phones series best-selling ago 2012. Which is what the impact on sales of tea, as falling sales of the iPhone x which uses OLED screens contributed to that also.
But unusually, sales of television produced by the company as it was expecting because of the World Cup, as its counterpart, the LG had controlled most of the sales of OLED TVs.
Sales of memory cards with NAND mounting significantly in this quarter, which contributed to raise the profits of the Operating Company. Which is the case with the account camera used in Dual Cameras phones, as Chinese manufacturers are using in its phones, which raise the demand for it.
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