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81 Samsung's memory division posts massive profits for Q1, smartphones still profitable

GSMArena.com
GSMArena.com 2 place · today 11:31 EDT

Samsung's memory division posts massive profits for Q1, smartphones still profitable

Samsung Electronics just posted its financial report for the first quarter of this year. The head of the mobile division (MX), TM Roh, is worried that said division might experience its first-ever annual loss. We’ll see what the rest of the year holds, but for Q1 at least Galaxy phones remained in the black.

Samsung MX and the Network Businesses division brought in KRW 38.1 trillion in consolidated revenue and made KRW 2.8 trillion in operating profit during the first quarter.

Sales are higher than th

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