Samsung Electronics of South Korea's financial results for the past year reached a record high, with sales exceeding 26 trillion yen in Japanese yen due to strong performance in its mainstay semiconductor business, despite the spread of the new coronavirus infection.
Samsung Electronics of South Korea announced the financial results for the last year on the 27th.
According to this, sales were 279.6 trillion won, or 26.6 trillion yen in Japanese yen, an increase of 18% compared to the previous year, a new record high.
In addition, operating profit, which indicates the profit of the main business, increased by 43% from the previous year to 51,630 billion won, or about 4,920 billion yen in Japanese yen, the third highest level in the past.
South Korean news agency Yonhap News Agency said that the reason for this was that the mainstay semiconductor business was strong and sales of smartphones and home appliances also increased despite the spread of the new coronavirus infection. increase.
Regarding the outlook for this year, Samsung Electronics says that while IT demand is expected to recover globally, there remains uncertainty about the impact of the new coronavirus.