Samsung published its financial results for the final quarter of 2022 and the fiscal year, and once again, it managed to reach record revenue for the full 12 months – KRW 302.23 trillion (about $244 billion). This is an 8% increase compared with 2021; however, operating profit was KRW 43.38 trillion, 15% less than it was the previous year.
The Q4 period was underwhelming for the Korean company, as it recorded a decline in sales in virtually all divisions because of weak demand caused by the global economic slowdown.
The Mobile Experience (MX) division saw a 9% YoY decline in…
Article Source: Gizbot