Samsung sees opportunity as pandemic ignites demand for home appliances
Updated Sep 02, 2020 09:44 am
- From sanitizing closets to customizable fridges, the coronavirus pandemic has fanned demand for home appliances so much so that Samsung Electronics Co Ltd is adding warehouses and bringing popular products to more markets.
- Samsung does not disclose home appliance earnings, but according to UBS, it's home appliance business made an operating profit of 337 billion won ($284.48 million) in the April-June quarter.
local_offerTags: Home appliance Samsung