Samsung reports Q3 results forecasting strong smartphone, tablet and smartwatch sales in 2024

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Samsung reports Q3 results forecasting strong smartphone, tablet and smartwatch sales in 2024
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Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 11 Pro Max, he has seen smartphones evolve into a global phenomenon.

during the third quarter to 2.4 trillion won from the 10.85 trillion won it reported a year ago , the Q3 operating profit was the highest of the year so far. The company spent 11.4 trillion won on capital expenditures and is expected to shell out 53.7 trillion won for all of 2024,Unlocked Galaxy S23 FE with 128GB of storage for $329.99

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In 2024, Samsung forecasts growth in the smartphone market as consumers start spending in anticipation of a global economic recovery. Premium phones and tablets will see growth. The smartwatch segment will achieve double-digit growth, and the true wireless stereo market is expected to grow modestly.

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