Samsung Q3 has a profit of about $15 billion 400 million, a record high.

Recently, Samsung Electronics released its third quarter earnings report. Samsung reported third quarter revenue of 65 trillion and 400 billion won (US $57 billion 500 million), up 5.5% from the 62 trillion won last year, and its net profit reached 13 trillion and 100 billion won (US $11 billion 500 million), 17.5% more than the 11 trillion and 100 billion won in the same period last year. Our operating profit was 17 trillion and 500 billion won (US $15 billion 400 million). It has reached a record high of 20.9% over the same period last year.

Samsung Electronics's third quarter revenue growth was mainly driven by the growth of chip business, home appliance business and display business revenue year-on-year growth.

Behind these figures, the performance of Samsung's mobile phone related departments is noteworthy. The semiconductor sector responsible for producing RAM, storage, system level chip (SoC) and baseband creates a profit of 11 billion 980 million US dollars, contributing 78% to the third quarter profit of the whole group.

Of course, the screen department also brought a good profit to the group, reaching 965 million US dollars, but not only from the profit of the mobile phone screen, but also from TV and other products. Among them, QLED TV sales have increased two times in the past year.

In the field of small size OLED panels, Samsung said it would "strengthen cooperation with mainstream mobile phone manufacturers and strive to raise prices in the industry".

Samsung also said that in the field of OLED, the company will focus more on the production of flexible panels to ensure profitability, and plans to maintain its leadership in the OLED field by infiltrating collapsible products.

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