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Samsung Electronics Posts 22% Jump In Q1 Net Profit

Samsung
International Business Times Fews App News Provider
Fews App Post Time Hace 8h

More than half of Samsung's smartphones are made in Vietnam, where steep tariffs of up to 46% could be imposed if trade negotiations between Washington and Hanoi break down AFP South Korean tech giant Samsung Electronics reported a better-than-expected 21. 7 percent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs. The firm said it expected improved earnings in the second half if "uncertainties are diminished".

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