• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Geeky Gadgets

Gadgets and Technology News

  • Home
  • Apple
  • Android
  • Deals
  • Gadgets
  • Technology
  • Hardware
  • Gaming
  • Cars


Samsung announces quarter four FY 2020 financial results

8:15 am January 28, 2021 By Roland Hutchinson

  • Share
  • Tweet
  • Pin
  • Email

Samsung quarter four

Samsung has announced its financial results for the fourth quarter of 2020 and also the full years revenue for 2020.

The company announced KRW 61.55 trillion in consolidated revenue and KRW 9.05 trillion in operating profit for the fourth quarter of 2020.

They also announced a full years results of KRW 236.81 trillion in revenue and KRW 35.99 trillion in operating profit.

Although challenges from the COVID-19 pandemic continue, company-wide efforts to ensure a stable supply of products and services globally helped Samsung’s fourth-quarter results. Profit rose 26.4 percent year-on-year led by display and memory chip businesses, but fell 26.7 percent from the third quarter due to weaker memory prices and sluggish consumer products sales, as well as higher marketing costs and negative impact from the Korean won’s appreciation.

The local currency’s value rose sharply against the U.S. dollar, euro and key emerging market currencies, resulting in a negative impact equivalent to about KRW 1.4 trillion compared with the previous quarter, mostly in semiconductor and display businesses.

You can see the full financial results for the fourth quarter of 2020 and also the full year from Samsung over at their website at the link below.

Source Samsung

Filed Under: Technology News

Latest Geeky Gadgets Deals


Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn more.

Primary Sidebar

  • Email
  • Facebook
  • RSS
  • Twitter

Top News

Apex Legends Nintendo Switch

New Apex Legends Nintendo Switch gameplay ahead of this weeks launch

Impulse Gear teases new VR game launching this year

Impulse Gear teases new VR game launching this year

AMD Ryzen Threadripper PRO

AMD Ryzen Threadripper PRO workstations unveiled by Exxact

Microsoft mesh

Microsoft Mesh holographic virtual collaboration technology unveiled at Ignite 2021

Blade and Sorcery VR Game

Blade and Sorcery 8.4 beta update adds more brutality to combat

Last Minute Deals

Apple News

iOS 14.5 beta 3

What’s new in iOS 14.5 beta 3 (Video)

iOS 14.5 beta 3

Apple releases iOS 14.5 beta 3 and iPadOS 14.5 beta 3

Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max

Battery Life Test: Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max (Video)

iPhone 13 Pro

iPhone 13 Pro to come with 120Hz display, smaller notch and more

Folding iPhone

Apple’s folding iPhone could launch in 2023

Technology News

PlayStation store

PlayStation Store discontinuing TV, movie rentals and purchases

Twitter

Twitter will now label tweets with misleading information about COVID vaccine

Instagram Live Rooms

Instagram gets new Live Rooms feature

microSD

Greenliant 1TB microSD industrial memory cards launch this month

Arduino IDE 2

Arduino IDE 2.0 (beta) officially unveiled

Android News

Samsung Galaxy Tab S7 Lite

Samsung Galaxy Tab S7 Lite to come in four colors

Oppo Find X3 Pro

Oppo Find X3 Pro press shots leaked

Samsung Galaxy A32

Samsung Galaxy A32 Indian pricing revealed

Gionee Max Pro

Gionee Max Pro smartphone unveiled

Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max

Battery Life Test: Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max (Video)

Footer

About Us

  • About Geeky Gadgets
  • Advertise On Geeky Gadgets
  • Archives
  • Contact Us
  • Disclosure Policy
  • Free Newsletter
  • Geeky Gadgets Logo
  • Privacy Policy
  • Site Map

Further Reading

  • Auto News
  • Camera News
  • Concepts & Design
  • Entertainment News
  • Design News
  • Geeky Stuff
  • Apple iPad
  • Apple iPhone
  • Mobile Phone News
  • Sponsored
  • Tablet News

Copyright 2007 - 2020 Geeky Gadgets