2018 is one of the best years for technology companies for many years. It allows them to raise capital from third parties and their own financial successes for further development. No wonder that Samsung boasts of revenues in the third quarter.
And this one for Samsung turned out to be record-breaking compared to the others, bringing the company $ 57.3 billion in revenue and $ 15.4 billion in profit. To maintain its streak, Samsung will need at least $ 15.15 billion in profit in the fourth quarter, which will set it a yearly record. This may be a bit difficult, however, because he himself claims that the cash inflows will soon decrease due to the imbalance in the memory chip market.
Another quarterly summary confirmed what I wrote about a few weeks ago. I mean a source of income that is based not on smartphones, but just NAND and DRAM memory chips. However, their contribution may soon decrease, but they will be replaced by new technological advances. I am talking about 5G systems, a greater contribution to the development of artificial intelligence and involvement in the autonomous car market.
Also read: Samsung does not make a fortune on smartphones, but …
Source: GSMarena
Photos: GSMarena
