Bitcoin Forum
September 22, 2018, 06:30:49 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2018-04-26] Samsung Reports Q1 Profit Record due to Mining Chips  (Read 12 times)
Rick Nolan
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile WWW
April 26, 2018, 01:05:09 PM
 #1

Samsung Electronics has reported 58% year-on-year growth in its operating profits for Q1 2018 - an increase driven in part by strong demand for cryptocurrency mining chips.

Robert M. Yi, executive vice president of investor relations of Samsung, said on Thursday that the profitability increase seen in the firm’s semiconductor business played a significant role in setting a new quarterly operating profit record of 15.6 trillion Korean won ($14 billion).

Read more: https://hype.codes/samsung-reports-q1-profit-record-due-mining-chips
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!