Technology
Coronavirus: Samsung profits soar on work from home demand – BBC News
The world’s biggest producer of memory chips sees demand jump as data centres expanded during lockdowns.
Image copyrightGetty Images
Samsung Electronics has seen its earnings soar as sales were boosted by millions working and learning from home during the virus pandemic.
The worlds largest maker of smartphones said second quarter operating profits rose 23% compared to last year.
The results were helped by strong demand for computer chips, which pushed up prices on the global market.
Data centres have expanded capacity to support home working and schooling.
“The Memory Business saw robust deman…
Continue Reading