Saturday, August 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Patches iOS Security Flaws Discovered In Spyware Targeting Activist
LG To Showcase Latest OLED TVs Compatible With HDR Technologies At IFA
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Intel Introduces New 3D NAND SSDs
Facebook To Use Personal Data From WhatsApp To Bring You Personalized Ads
Amazon Introduces Car Research Portal
Google Uses Artificial Intelligence To Compress Images
Researchers Make Wi-fi Networks Faster And Stronger
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, October 16, 2004
Samsung Profits Up 46%, but Sales Hurt by LCD, Flash


Thanks to strong memory sales, Samsung Electronics Co. Ltd. today reported a 46.2 percent year-over-year increase in Q3 net profit to $2.34 billion (2.69 trillion Korean won), but a sequential drop of 14.1 percent due to lower prices of flat screens for TV and computers.

Q3 sales increased to $12.52 billion (14.34 trillion KRW), a rise of 27.4 percent compared to Q3 2003 and a 4.3 percent sequential dip.

Sinking prices of liquid crystal displays (LCD) for flat-screen TVs and of flash memory chips commonly used in such products as digital cameras is heaping pressure on Samsung. Growing competition in the mobile phone market, evidenced by price cuts at market leader Nokia has also hurt profit margins at Samsung, the third-biggest handset maker.

Still, Samsung is staying optimistic and said it expects Q4 global PC shipments to increase 14 percent sequentially, continuing a rebound that boosted demand for its chips in the past three months.

Broken out, Samsung's semiconductor memory sales rose 1.9 percent sequentially to $3.18 billion (3.64 trillion KRW) and 42.7 percent from Q3 2003. Meanwhile, Samsung?s LCD sales dropped 23.1 percent sequentially to $1.67 billion (1.9 trillion KRW), showing a 37.7 percent increase over Q3 2003.


Previous
Next
Toshiba unveils new DVDRW Mobile Computer Drive        All News        Sony executive hints at PSP launch delay
Archos Introduces The World's Smallest 5000-Song Digital Audio Player     General Computing News      BenQ releases new LCD monitors

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Forms Alliance To Promote Curved Display Technology In China
Samsung To Announce Refurbished Smartphone Program
Samsung Gear S3 Smartwatch Is Coming This Month
Samsung's 32TB SSD Includes Cutting-edge 3D Chip Technology
Researcher Hacked Samsung Pay Standing Just 2m Away from The Paying Process
Samsung, TSMC And Intel Set To Expand Their Chip Production Capacities In 2H
Samsung Holds Largest Share In Enterprise SSD Market
Samsung Reportedly in Talks to Buy Assets of Fiat Auto-Parts Unit
Samsung Gear S3, Apple Watch 2 Coming In September
Samsung Unveils the New Galaxy Note7
Samsung and Nestle Collaborate on the Internet of Things and Nutrition
Samsung Second Quarter Results Boosted By Component Sales

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .