FINANCIAL RESULTS Posts on XDA

Samsung expects major declines in profits in mobile

Samsung Electronics has posted its financial results for the fourth quarter ended December 31, 2019. The company posted KRW 59.88 trillion ($50.54 billion) in consolidated quarterly revenue and KRW 7.16 trillion ($6.04 billion) in quarterly operating profit. For the entire year, it reported KRW 230.40 trillion ($194.43 billion) in revenue and KRW 27.77 trillion ($23.43...

Q3 2019 Earnings Report: See how major smartphone OEMs are performing

Smartphones are essential drivers of innovation in today's world. But at the end of the day, smartphones are still business, and OEMs innovate in this field to make money. Smartphone OEMs like Google, Samsung, Huawei, LG, and Sony have posted their Earnings Reports for Q3 2019, giving us insight on how profitably and comfortably the...

LG and Sony report declining year-on-year smartphone sales while Huawei shows growth in face of US trade ban

It's that time of the year again for companies to share their quarterly financial results. There's usually some interesting findings in these reports, and Q2 2019 is no different for the tech world. LG and Sony have reported declining year-over-year sales (perhaps unsurprisingly), while Huawei is still showing growth despite everything that has transpired. LG as...

Poor Galaxy S9 sales may have ended Samsung’s record profit run

Samsung Electronics has announced its earnings guidance of Q2 2018. The company reported consolidated sales of approximately 58 trillion won ($51.8 billion), with consolidated operating profit of approximately 14.8 trillion won ($13.2 billion). For the past four quarters, Samsung Electronics has reported record profits. The company has experienced success with selling DRAM, NAND, OLED displays, and...

Samsung’s Mobile Communication Division Declines in Revenue and Earnings Even as Smartphone Shipments Increase in Q3 2017

Samsung Electronics has announced financial results for Q3 2017, which ended on September 30, 2017. The company's revenue for the quarter was KRW 22.05 trillion ($55 billion), which increased by KRW 14.03 trillion ($12 billion) year-on-year. The operating profit for the quarter was a record KRW 14.53 trillion ($13 billion), which increased by KRW 9.33...

LeEco Chairman: Cash Crunch “Far Worse Than Expected”

Chinese OEM LeEco is facing a serious financial crisis. Its chairman, Jia Yueting, said on Wednesday that the company's cash crunch is "far worse than expected." LeEco is struggling to be fully operational despite financial aid from other companies as the company is still trying to recover after allegedly "expanding at an unprecedented rate". It...

HTC Posts Q4 2016 Financial Results with $116.7 Million Operating Loss

HTC has disclosed its financial results for the last quarter of 2016, and its dry run continues for yet another quarter. Revenue stagnated for this quarter compared to the last, and when compared to the last year, revenue streams declined significantly for the Taiwanese company. Quarterly revenue of the company came in at NT$22.2 Billion, or $729 Million....

LG Announces Q4 Loss of $224 Million

LG has announced a press release detailing the company's financial performance in the fourth quarter of 2016. In spite of record revenue from Home Appliances, Air Solutions, and Home Entertainment, as well as record Q4 operating profits, underperformance in Mobile Communications and Vehicle Components resulted in a net loss of just under $224 million. >Major losses...