2022-11-02

Samsung Electronics Announces Third Quarter 2022 Results

Record third-quarter revenue of KRW 76.78 trillion, operating profit at KRW 10.85 trillion Demand to recover partially in 2023 but macroeconomic uncertainties to persist   Samsung Electronics today reported financial results for the third quarter ended September 30, 2022.   Total consolidated revenue was a record for the third-quarter at KRW 76.78 trillion despite a challenging business environment, while operating profit declined 23% from the previous quarter to KRW 10.85 trillion. With record revenue in each of the respective quarters so far this year,...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE