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Samsung looks forward to quantum dot TVs, new game systems and phones – Yahoo Finance Australia

Samsung will launch its new Galaxy Note and Galaxy Fold devices next week, but its Q2 earnings rose on higher prices for memory chips and a one-time payment. Later this year it’s predicting more growth in the mobile business from 5G, plus more demand for RAM …



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Samsung released its earnings results for between April and June and despite the pandemic, the companys operating profit jumped 23 percent from the same time last year, reaching $6.81 billion even as its revenue dropped. As more people shifted to working and studying from home, data centers bought more servers that use its memory chips and drove up prices.
It also cited a one-off gain in the display business that analysts have linked to Apple. Samsung supplies Apple with screens for iPhones and…

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