Samsung’s profits are up – but it might not be good news for the S20

Samsung announced its Q1 earnings this week and, on the surface, it seems the recent Covid-19 outbreak has not fazed the South Korean giant.

The company disclosed consolidated sales of approximately 55 trillion won and a consolidated operating profit of approximately 6.4 trillion won. That’s a slight year-on-year increase on Samsung’s Q1 sales and profit in 2019, with a 5% boost in sales.

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