08:59 07/07/2021
The technology giant Samsung Electronics has stated that it expects the profit in the last quarter to have an increase of up to 53%. These company expectations come in the wake of a global shortage of chips and hope to increase sales of this device.
According to company officials predict an increase in profit by 11 billion dollars. The company stated that strong demand for chips had offset weaker sales of various technology devices.
A year ago, in the first months of the pandemic, Samsung suffered a decline in sales of products such as phones and TVs.
But this year the demand for technological devices has increased and Samsung has managed to increase sales.
The electronics manufacturing giant in South Korea has already managed to strengthen its positions in the international market, so it predicts an increase in profits.
If sales were to go according to forecasts, this would be Samsung's biggest second-quarter profit since 2018.
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