Samsung to post relatively solid Q1 earnings despite coronavirus pandemic: analysts
Apr 3, 2020
Samsung Electronics Co. is expected to post relatively solid earnings in the first quarter of the year despite the novel coronavirus pandemic, analysts here said Friday, as its chip business is likely to offset losses in the smartphone and consumer electronics sectors. Samsung, the world's largest memory chip and smartphone vendor, was expected to log 55.31 trillion won ($44.9 billion) in sales in the first three months of 2020, up 5.5 percent from a year earlier, while operating profit was est