Samsung Electronics reports record Q2 revenue and profit

Samsung Electronics reported record second-quarter revenue and operating profit, with its semiconductor business generating almost all of the group's profit.

TL;DR

• Samsung Electronics reported record second-quarter revenue and operating profit.
• The semiconductor business generated almost all of the group's profit.
• Losses in device businesses were offset by the chip division's performance.

Samsung Electronics said its second-quarter results reached record revenue and operating profit. The company said the semiconductor division contributed almost all of the group's profit in the quarter.

Samsung Electronics said the strength of its chip business offset losses across its device operations. The result meant semiconductor earnings masked weaker performance in other parts of the company.

Telecompaper reported Samsung Electronics' second-quarter performance as a record period for revenue and operating profit. The report said the semiconductor business was the main source of profit while device segments posted losses.

Related questions

• What did Samsung Electronics report for its second-quarter results?
• Which Samsung business generated almost all group profit in Q2?
• How did Samsung's semiconductor business affect losses in device operations?