back to article Samsung profits – and shares – soar despite challenges in memory and mobile markets

Despite missing analysts' forecasts, Samsung Electronics' guidance for its final quarter of 2020 paint a rosy picture, with profits likely up by a quarter year-on-year to ₩9 trillion ($8.22bn/ £6.06bn). Revenues for the period ended 31 December are estimated to come in at beween ₩60-62 trillion ($54.89-56.7bn/£40-41.7bn) …

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