Samsung is the South Korea-based electronics company that rivals Apple in many ways. It produces gadgets and other technology of the same high quality as Apple, but often at lower prices. They also use a format that is compatible with other technology platforms (something that Apple users often complain about). Though its earnings profile is not nearly as high as Apple’s, in 2019, it grossed $221,579,000,000.
It has continued innovating and putting out new and better technology at the lowest price possible (though the price tag still reflects the premium quality of Samsung products). Yet in 2020, as many people struggle to get by as the economy crashes, they are unlikely to be spending any money. We’ll have to wait and see what Samsung’s business profile looks like on the other side.