As expected, Samsung published its financial report for the second quarter of this year. According to it, consolidated sales from April to June 2022 were 77 trillion won (about $59.2 billion) and consolidated operating income was 14 trillion won (about $10.76 billion).

 Forecast for Q2 2022 KRW/USD1Q 2022 Results KRW/USDResults for Q2 2021 KRW/USD
SalesKRW 77 trillion / US$59.2 billionKRW 77.78 trillion / US$59.77 billionKRW 63.67 trillion / US$48.93 billion
operating incomeKRW 14 trillion / US$10.76 billionKRW 14.12 trillion / US$10.85 billionKRW 12.57 trillion / US$9.66 billion

The numbers are slightly lower than the previous quarter, but significantly higher year-on-year. Compared to the second quarter of 2021, Samsung sales increased by 22% and operating profit increased by 12%.

Going forward, Samsung will try to strengthen its position in the premium smartphone market, as well as in the processor segment. The company will publish a full breakdown of financial results at the end of July, then it will be clear what the growth is connected with.

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