About: http://data.cimple.eu/news-article/d93f4e6ee6df7d92c7ec0447102a7965438850050345297f98156e2b

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/d93f4e6ee6df7d92c7ec0447102a7965438850050345297f98156e2b Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	South Korean tech giant Samsung Electronics posted a 46.3 percent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones. Samsung Electronics is the flagship subsidiary of the giant Samsung group, by far the largest of the family-controlled empires known as chaebols that dominate business in South Korea, the world's 12th-largest economy. The conglomerate is crucial to the South's economic health -- its overall turnover is equivalent to a fifth of the national gross domestic product. Samsung Electronics said net profits rose 46.3 percent in January to March from a year earlier to 7.1 trillion won ($6.4 billion). "Solid sales of smartphones and consumer electronics outweighed lower earnings from semiconductors and displays," the firm said in an earnings report. The figures came a day after Samsung's controlling Lee family announced plans to pay more than $10 billion in inheritance taxes following the death last year of chairman Lee Kun-hee -- one of the world's biggest-ever such settlements -- and donate a vast trove of art including works by Picasso and Monet. The coronavirus has wreaked havoc with the world economy, with lockdowns and travel bans imposed around the globe for many months. But the pandemic -- which has killed more than two million people worldwide -- has also seen many tech companies boom, including Samsung. Coronavirus-driven working from home has been boosting demand for devices powered by Samsung's chips, as well as home appliances such as TV and washing machines. "Pent-up demand has led the growth in home appliances," said James Kang, a senior researcher at Euromonitor International. "But once the coronavirus situation improves with the distribution of vaccines, the growth of home appliances will be slower than 2020 as people spend more time outdoors," he added. Operating profit rose 45.4 percent to 9.4 trillion won, while sales were also up 18.2 percent to 65.4 trillion won. sh/jah
schema:headline	Samsung posts 46.3% jump in profit on strong smartphone sales
schema:mentions	Busta Rhymes Claude Monet Samsung Electronics Smartphone Samsung South Korea Gross domestic product Pandemic Coronavirus Henry Lee III Lee Kun-hee Consumer electronics Pablo Picasso National Library of Australia Earnings before interest and taxes James River Core product Chaebol Patria AMV
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	62 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software