With the increasing demand for chips, the higher Samsung gets this third quarter of 2020.
Samsung has been silent in the market lately, but as months have passed, they indeed have given the tech market a blast. With the current running speculations of having a 58% increase in profit within the year, Samsung is undeniably is beating the economic downturn stigma that the pandemic has brought.
Samsung Profit Expectations
The Korea-owned company predicted that its operating profit is expected to increase for this year’s third quarter. The amount would come to around 12.3 trillion won ($10.6 billion), which is a 58% increase compared to last year. This means that the total amount of revenue generated would roughly increase by 5%, which totals 66 trillion won ($57 billion). This quarter financial news is likely the company’s rebound of their over 56% decline with their operating profit.
The cause of an increase in sales and revenues are still vague, for Samsung declined to confirm. However, according to the research speculations, this movement is due to the increased demand for Samsung chips. As more consumers are forced to work from home. They will give the final report later this October.
The Tech Giant’s Sales
Samsung has been known to the market for receiving increasing attention and sales when it comes to its Android phone and TV. However, right now, selling memory chips to device makers across the globe is what makes the company prominent among its competitors. This gives them their semiconductor department an opportunity to increase by 13% in the second quarter, which is 18.2 trillion won.
The Samsung Galaxy Note 20 Ultra has now been released to market with a shining $1,299 price tag. However, Samsung says this is more than just a smartphone, for it has evolved into a great note-taking device with a powerful 50x zoom camera.
The Note 20 Ultra is also impressive for its massive 6.9-inch display with a dynamic 120Hz refresh rate. It showed a sharp 108MP camera with laser autofocus and a more responsive S Pen with a 9ms response rate. It is also powered by the Snapdragon 865 Plus chip and most of the S Pen upgrades. This means that this chipset gives that boost by 10% clock speed, up to 3.1 GHz, and graphics are also 10% faster.
And the Samsung Galaxy Note 20 Ultra processor is paired with a 12GB of RAM and either 128GB or 512GB of internal storage. These features beat the regular Galaxy Note 20.
Now the question is, would be this Note 20 Ultra worth the ultra-premium price?
Note 20 Ultra’s fit and finish are flawless, for its tight seal between components ensures that it will meet the requirements for IP68 certification that cover the water and dust resistance. It also has the durable Gorilla Glass Victus that could keep Note 20s from scratching and breaking accidents.
The Samsung Galaxy Note 20 Ultra impressively has three rear cameras with a laser auto-focus sensor. Note 20 Ultra’s starts with a 108MP wide camera with an f/1.8 aperture and paired with a 12MP ultra-wide camera with a 120-degree field of view and f/2.2. The 12MP telephoto lens delivers a 5x optical zoom and a 50x super-resolution zoom, which would definitely beat iPhone.
Undoubtedly, Samsung Galaxy Note 20 Ultra has powerful hardware, making it a bit bulky and heavy. The camera is much improved than the S20 series. And it still has an average battery life, like any other Samsung predecessor.