Monday, August 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA GRID 2.0 Launches
New LG Luxurious Urbane Smartwatch To Appear at IFA
Alienware Brings Liquid Cooling and Dynamic Overclocking to Holiday Lineup
Razer Launches Wildcat Xbox One Controller And Upgraded Nabu Smartband
Workstation Market Shippments Rebound In Q2
Google Will Help You Find Your Plumber
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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 Used TSMC's Technology To Prevail In Chip Manufacturing Race
Samsung To Accelerate Chip Production
Samsung Announces New Wireless Audio 360 Speakers
Samsung Says Users Should Follow The Manual With Galaxy Note 5 Stylus
Samsung To Give iPhone Users The new Galaxy Smartphones
New Galaxy Note 5 Phablet Has The Best Display: report
Samsung Offers USB Flash Drive Family
Samsung Introduces Level On Wireless Pro Headphones
New Samsung Galaxy Note 5 and S6 Edge Plus Phablets Unveiled
Samsung Rolls Out Line-up of V-NAND SSDs For Data Centers
Samsung Begins Mass Producing 256-Gigabit, 3D V-NAND Flash Memory
Samsung To Offer Monthly Security Updates To Android Phones

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .