Saturday, August 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
G.Skill Ripjaws DDR4 Will Be Available Up to DDR4-3200
Could Amazon Challenge Google's Ad Business?
German Regulator Will Pursue Complaint Against Publishers
IBM Tries To Strengthen Its Presence In China With Local Vendor Deal
Demand For iPhone 6 Screens Add Perssure To Supply Chain
Intel Highlights Its Wireless Computing Plans
Ouya Parners With Xiaomi On Games
Sony Offers New Smart Tennis Sensor
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Galaxy ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 06, 2012
Galaxy Sales Boost Samsung's Record Profits


Sales of the Galaxy smartphone drove record quarterly profit of $5.85 billion at Samsung Electronics, although the South Korean tech giant's TV and home appliance businesses are not so profitable due to low demand in Europe.

In the company's April-June earnings guidance released on Friday, Samsung, valued at $170 billion and its estimated operating profit jumped 79 percent to 6.7 trillion won from a year ago.

Current quarter mobile profits are expected to forge further ahead as the latest Galaxy S III model enjoys strong sales, before the next iPhone launch sometime later this year. But even if the next iPhone slow Samsung's handset earnings growth, it will boost the Korean firm's semiconductor earnings as Samsung is the sole producer of processing chips used to power the iPhone and iPad, and also supplies Apple with mobile memory chips, NAND flash and display screens.

Although the flagship Galaxy smartphones are driving Samsung's profits and are likely to have stretched their lead over rivals Apple and Nokia, other businesses such as chips and consumer electronics are battling weak prices and demand, along with a weak euro.

Europe is Samsung's biggest consumer electronics market.

Samsung is due to release its full second-quarter results towards the end of this month.


Previous
Next
Amazon Readies Own Smartphone, New Tablets: reports        All News        Nokia Brings Classic Arcade Games to Asha Touch
More Chinese Companies Claim Apple Infriged Their Patents     General Computing News      July 9 Could be 'Internet doomsday' for Some PC or Mac Users

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung To Unveil New Smart TV Content at IFA 2014
Samsung Delivers Slim Level Box mini Wireless Speaker
Samsung, Microsoft Want To End Android Patent Dispute Soon
Galaxy Note 4 May Come in Two Versions
Samsung Buys Home-automation Company SmartThings
Samsung Exynos 5430 Is The Company's First 20nm SoC
Samsung Introduces All-metal Galaxy Alpha Smartphone
Samsung Introduces SAS-interface SSD
Barnes & Noble, Samsung To unveil Galaxy Tab 4 Nook on August 20
Samsung To Release New Gear Solo Wristwatch Phone
Samsung Introduces SAS-interface Solid State Drive For Enterprises
Apple, Samsung Agree to End Patent Suits

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .