Samsung Electronics of South Korea announced its financial results for the last year, and its operating profit, which indicates the profit of its main business, was about 3.4 trillion yen in Japanese yen, an increase of nearly 30% from the previous year.
The Korean media reports that this is because the mainstay semiconductor business was strong.
Samsung Electronics of South Korea announced the financial results for the last year on the 28th.
According to this, sales were 236,810 billion won, or more than 22.2 trillion yen in Japanese yen, an increase of 2.8% from the previous year.
In addition, operating income, which indicates the profit of the main business, increased by nearly 30% from the previous year to 35,990 billion won, or about 3.4 trillion yen in Japanese yen, the first increase in two years.
Regarding this, news agency coalition news reports that in the second half of the year, as the infection of the new coronavirus spreads, non-face-to-face activities that do not come into contact with people and so-called nesting demand surged, and home appliances as well as mainstay semiconductors and smartphones It is said that he had a good fight.
Regarding the outlook for this year, Samsung Electronics said, "Although there are still risks such as the spread of virus infection, global demand is expected to recover."
Meanwhile, Samsung Electronics' vice chairman Lee Jae-yong, the head of Samsung Group, was sentenced to two years and six months in prison for bribery and other charges this month, and the top manager will be absent. There are concerns about the impact.