Samsung and LG Electronics traded well over last year’s coronavirus

Samsung Electronics and LG Electronics passed through Corona 19 last year and received good report cards.

Samsung Electronics announced that it was tentatively counted in 2020 with annual sales of 236 trillion won and operating profit of 35.95 trillion won.

Sales increased by 2.54% and operating profit by 29.46% compared to the previous year.

Sales and operating profit for the fourth quarter of last year were estimated to be 61 trillion won and 9 trillion won, respectively.

Compared to the same period of the previous year, sales increased by 1.87% and operating profit by 25.7% respectively, but compared to the previous quarter, they decreased by 8.9% and 27.13%, respectively.

In the fourth quarter, profits decreased compared to the previous quarter due to lower semiconductor prices and sluggish smartphone sales. I jumped over.

In the case of Samsung Electronics’ semiconductor business, it recorded an operating profit of about 15 trillion won cumulatively in the first to third quarters of last year.

Experts estimated that it would have achieved operating profit of over 4 trillion won in the fourth quarter as well.

Experts predict that this year, Samsung Electronics will be a long-term semiconductor boom due to rising DRAM prices.

As a result, it is expected that the performance of semiconductors will continue to exceed last year’s performance.

LG Electronics announced its provisional results for the fourth quarter of last year.

In the fourth quarter, sales and operating profit were 18,782.6 billion and 647 billion, respectively.

Compared to the same period of the previous year, it increased by 16.9% and 535.6%, respectively. The quarterly sales were the highest and the operating profit was the highest in the fourth quarter.

LG Electronics achieved annual sales of 63,2638 billion won and operating profit of 3,191.8 billion won last year.

Sales and operating profit were the highest, respectively, up 1.5% and 31% compared to the previous year.

In particular, this is the first time that annual operating profit has exceeded 3 trillion won.

In the industry, LG Electronics is expected to continue to perform well this year, surpassing last year’s performance again.

As Corona 19 continues, demand for premium home appliances and TVs is expected to continue to grow due to increased demand for Zipcock.

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