Monday, April 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Details New 35W Ryzen 3 2200GE, Ryzen 5 2400GE APUs With Graphics Built in
Samsung QLED TVs Receive '100 Percent Color Volume' Certification
GSMA Delays eSIM Technology as U.S. DoJ of U.S. Probes Coordination With AT&T and Verizon
Apple to Replace Some MacBook Pro Laptop Batteries
ZTE's Nubia Red Gaming Phone Released
LG Display's OLED Smartphone Screens Still Not Ready For Apple
Nintendo Labo Kits Now Available
June's VLSI Symposium Focuses on Next Generation Transistor Technology and MRAM
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 QLED TVs Receive '100 Percent Color Volume' Certification
Samsung Not Interested in Nokia's Health Unit
Samsung to Release Its First MicroLED TVs in 2018
Samsung Galaxy J2 Pro Smartphone Has no Data Connectivity
Samsung 360 Round 3D Video Camera and Samsung DeX Pad Now Available
Samsung Reports Profit on High Memory Sales
Samsung Launches the Notebook Odyssey Z for Gaming
Samsung Notebook 5 and Notebook 3 Target General Users
Samsung Breaks Ground in New Memory fab Line in Xian
Samsung Electronics Shareholders Approve Stock Split, Company Talks About Future for Smartphones, Chips
New Samsung Exynos 7 Series 9610 Mobile Processor focuses on Multimedia
Samsung Expands its 8-Inch Foundry Offerings with New RF/IoT and Fingerprint Technology Solutions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .