[Photo] Samsung and LG post strong first quarter earnings
|
Posted on : Apr.7,2018 17:46 KST
Samsung and LG reported strong earnings for the first quarter of 2018, with Samsung posting a record-breaking 60 trillion won (US$56 billion) in sales, with a net profit of 15.6 trillion won ($14.9 billion). LG reported over US$1 billion in profits over the same time-frame, the first time since 2009 that it had reached the mark. Despite the strong earnings, Samsung shares dropped 0.7 percent on the same day due to investor concerns that the global semiconductor boom is tapering off. (graphic by Kim Seung-mi)
© 2012 The Hankyoreh Media Company. All rights reserved.
No part of this material may be reproduced, stored in a retrieval system, or transmitted
in any form or by any means, electronic, mechanical, mimeographical, in recorded form or
otherwise for commercial use, without the permission of the Hankyoreh Media Company.