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Samsung likely to post $15 billion operating profit for Q4: Report

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Seoul, Dec 31 (IANS) Samsung Electronics is expected to post an operating profit of 16 trillion won – about $15 billion – up 73 per cent from a year earlier, according to a new analysis.

In the July-September period also, the South Korean tech giant posted a robust operating profit of 14.53 trillion won.

The estimate for the fourth quarter was made by Yonhap Infomax, the financial arm of Yonhap News Agency after a survey on 19 brokerage houses.

DB Financial Investment said that the world’s largest manufacturer of semiconductors is expected to post an operating profit of 15.7 trillion won in the October-December period, Yonhap reported on Sunday.

The securities firm said while the figure is revised down from the previous outlook of 16 trillion won, the decline is attributable to special bonuses paid to staff following robust returns.

Even considering such bonuses, Samsung said the chip division is set to post an operating profit of 10.8 trillion won, soaring from five trillion won tallied a year earlier.

Hanwha Investment & Securities echoed the view, claiming while the fourth-quarter earnings may hover below expectations, the gap would be attributable to one-off costs, and the firm’s business conditions remain solid.

“(Samsung) is expected to post earnings growth through the first half of 2018,” Hanwha said.

–IANS
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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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