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Samsung reports record revenue in 2021, strong foldable sales in Q4

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Samsung uploaded its annual monetary outcomes, and also they disclosed a brand-new profits document for the fiscal year – KRW279.6 trillion (thats regarding $232 billion). Thats a huge 18% boost on an annual basis, many thanks to boosted sales in all departments throughout the Samsung Electronics business.

Both operating earnings and also profits in Q4 2021 boosted also – sales leapt 24%, while the revenue expanded by 53% contrasted to Q4 of 2020.

Samsung Electronics monetary lead to Q4 and also FY 2021

The Korean titan disclosed in a news release that development in between October and also December was driven generally by the completed item organizations, such as mobile phones, consisting of foldables Galaxy Z Fold3 and also Galaxy Z Flip3, along with TVs and also house devices.

Overall market need for mobile phones boosted in the last quarter as a result of solid year-end seasonality, consisting of the Christmas vacations and also New Year. Income was additionally driven by Device Ecosystem items, such as wearables and also tablet computers.

Samsung reports record-high revenue in 2021, foldable sales helped in Q4

Samsung anticipates unpredictabilities connected to the pandemic and also part lack to continue 2022, however it still wants to proceed expanding.

The primary step at the same time will certainly be the launch of the brand-new Galaxy S collection, anticipated to happen online at the Samsung Unpacked occasion on February 9.

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