Named the operating profit of Samsung Electronics

According to preliminary data, the operating profit of the South Korean company Samsung Electronics in the second quarter of 2020 year amounted to 8.1 trillion won (~ $6.7 billion), which is 22.7% more compared to the same period last year. It is reported by KBS with reference to representatives of the company. Compared to the first quarter, the company's operating profit increased by 25.58%. However, sales decreased by 7.36%, to 52 trillion won (~ $43.5 billion). The company notes that the decrease in the indicator is associated with a decrease in demand due to the coronavirus pandemic. It is assumed that in the third quarter of this year the company may record a reduction in semiconductor sales, as well as a recovery in demand for mobile devices and displays.