/ / / Samsung says solid phone sales kept the fourth quarter from being a total disaster

Samsung says solid phone sales kept the fourth quarter from being a total disaster

its fourth-quarter and full-year 2019 earnings report on Thursday morning (thanks to the time difference, we are writing about Thursday morning's news on Wednesday evening in the states). For the quarter, which includes the holiday shopping season, the manufacturer took in 59.88 trillion Korean Won ($50.57 billion USD), a small 1% year-over-year gain. Operating profit for the period amounted to 7.16 trillion Korean Won ($6.05 billion USD), down 34% from the same quarter in 2018.

For all of 2019, Samsung generated revenue of 230.40 trillion Korean Won ($194.55 billion ...

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