Despite launch of new 5G phones Samsung expects slight gain in Q1 profits

Thanks to the time difference, it is now Tuesday morning in South Korea even as we countdown the few minutess remaining until Monday comes to an end in the United States. And that includes its earnings guidance for the first quarter of 2020. This period, which covers the first three months of the year, is estimated to have brought Samsung 55 trillion Korean won ($45.02 billion USD) in revenue and 6.4 trillion Korean won ($5.23 billion USD) in operating profit.
Those figures would result in gains of 5% and 2.7% over last year’s Q1 revenue and operating profit …

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