May 7, 2024
2024-Q1-Image-samsung-LBN.jpg

13min
The Company posted KRW 71.92 trillion in consolidated revenue on the back of strong sales of flagship Galaxy S24 smartphones and higher prices for memory semiconductors. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products. The Mobile eXperience (MX) Business posted higher earnings […]

February 8, 2024

3min
Samsung Sri Lanka announced the global availability of the new Galaxy S24 series, which has received an impressive number of pre-orders thanks to its transformational Galaxy AI capabilities. Notably, the new Samsung Galaxy S24 series achieved a double-digit increase in pre-order sales compared to its predecessor.     “The launch of the Galaxy S24 series […]

January 30, 2024

6min
Whether you’re in a business meeting, traveling abroad or making a restaurant reservation, communication is key. On January 17, when Samsung Electronics released its latest lineup of Galaxy products powered by Galaxy AI, the company also unveiled a personal interpreter right in your pocket. With the Galaxy S24 Ultra’s Live Translate feature, talking to anyone […]

January 22, 2024

6min
Colombo, Sri Lanka – 21st Jan 2024: Samsung, a global technology leader, proudly announces the commencement of pre-orders for its highly anticipated Galaxy S24 Series, featuring the Galaxy S24 Ultra, Galaxy S24 Plus, and Galaxy S24. The pre-order period kicked off on January 19, 2024, at 05:00 AM and extends until February 8, 2024, until […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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