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Samsung reaps $39.30 bn net profit in 2017

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7 years ago

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Seoul, Jan 31 (IANS) South Korean technology giant Samsung Electronics achieved a net profit of $39.30 billion, 85.6 per cent more than in 2016 thanks to the boom in the memory chip industry.

The company also earned a gross operating profit of 56.2 trillion won, 83 per cent higher than the previous year, the company said in a statement on Wednesday.

Its operating profit was 53.65 trillion won, a 83.4 per cent increase, supported by a turnover of 239.58 trillion won, which is 18.6 per cent higher than in 2016, Efe reported.

With respect to the fourth quarter of the year, the world’s largest memory manufacturer saw its net profit increase 72.9 per cent year-on-year to 12.26 trillion won.

Its operating profit was 15.15 billion won, a 64.3 per cent increase compared to the last quarter of 2016, and its sales totaled 65.98 billion won, a 23.7 per cent rise.

The company attributed the good performance in the fourth quarter to its component business unit, which manufactures the DRAM and NAND memory chips that have strengthened the company’s financial results throughout 2017.

Samsung said that “orders for high-performance memory products for servers and mobile storage were strong” during the October to December quarter.

The tech giant’s dominance in the memory sector, coupled with the high demand because of the rise of big data and the Internet of Things (IoT), has boosted the prices of this type of products and greatly benefited the company.

Samsung expects this strong demand to remain stable throughout 2018 as a result of the need to supply of new data centers as well as high-end mobile manufacturers, and plans to continue to strengthen its production to meet the expected demand.

–IANS
qd/

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

Published

2 years ago

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May 5, 2022

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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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