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Samsung’s Galaxy S24 Lineup Was The Driving Force Behind Company’s Q1 2024 Profit, Making Up 53 Percent Of The Company’s Overall Net Earnings

NewsTech

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Reading time: 1 min.

Samsung shared highly positive news during its Q1 2024 earnings, with the company generating an operating profit of $4.80 billion, which is an inconceivable 933 percent increase compared to its Q1 2023 results. While the Korean giant witnessed growth in nearly all business segments, its smartphone division made up the bulk of that profit, with the Galaxy S24 series likely the major contributor to this figure. Adopting a dual-chipset approach and introducing Galaxy AI to the Galaxy S24 series were possible reasons for increased sales With $4.80 billion in operating profit, Samsung’s financials revealed that its smartphone business brought in $2.54 […]

Read full article at https://wccftech.com/galaxy-s24-series-driving-force-for-samsung-profit-in-q1-2024/

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