Samsung Electronics announced on Friday that its operating profit sharply declined compared to the previous three months due to increased spending on research and development.
According to the company, Samsung's operating profit for the last three months was X billion dollars, which is Y percent less than in the previous period. During this time, sales jumped by Z percent, reaching B billion dollars.
"We continue to intensively invest in research and development, which is reflected in our financial indicators," said a Samsung representative. "Despite the decrease in operating profit, we are confident that our investments will help us strengthen our market position in the long term."
Samsung's outlook for the future remains positive, despite the current decline in profits. The company continues to develop new technologies and is preparing to launch a range of innovative products in the coming months.
