In everything we do, we strive to help people live better lives. Our discoveries, inventions and breakthrough products have helped shape the history of the digital revolution. Samsung Philosophy At Samsung, we follow a simple business philosophy:
The South Korea electronics giant said Thursday it expects to record its biggest operating profit ever in the third quarter, likely thanks largely to continued strong demand for its memory chips.
The company said its operating profit will come in at around The guidance, released Thursday ahead of full earnings later this month, didn't provide specific divisional results. Samsung is best known as the world's biggest phone and TV maker, but it also sells more memory chips than any other company on the planet.
Last year, Samsung became the world's biggest semiconductor maker in terms of revenue, beating out the long-term leader Intel.
In a lackluster second quarter, Samsung's memory business recorded a 33 percent increase in revenue, while the company's mobile division saw a decline in revenue of 22 percent, still hurting from a slowdown in demand for its newest phones.
Samsung's flagship Galaxy S9 and S9 Plus hit the market on March 16 with better cameras and improved audio, but they didn't quite fly off the shelves. In the second quarter -- the first full period of Galaxy S9 sales -- Samsung actually lost more market share than any other major handset maker and posted its worst performance since the second quarter of The company also warned last quarter that "market condition will likely remain challenging in the second half amid pricing competition and new product launches.
Innovators are thinking up new ways to make you, and the things around you, smarter. This is dating in the age of apps.Samsung Engineering Co.
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