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Samsung operating profit reaches up to$5.5 billion in Q1, 2015

  affan khalid

Samsung has released its financial reports of first quarter 2015. The report shows improved sale from previous quarter but a marginal downward trend in Device Solution and Mobile division. Consumer electronics came out to be much disappointing with 28% drop in sales.

IT and Mobile showed better earnings due to low marketing expenses. However, Decreased availability and demand of tablets and feature phones have led to a modest decline in revenue. On the contrary, smartphone shipments have increased esp. for mid-to-entry level category. The word “stagnate” has been used for Q2 forecast for smartphone and tablet demand.

Samsung operating profit reaches up to$5.5 billion in Q1, 2015

Samsung operating profit reaches up to$5.5 billion in Q1, 2015

The semiconductor division is performing well. The Q2 is expecting better figures due to ever increasing demand for the Galaxy S6 flagship and SSD data centers.

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