Friday, October 28, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung's Upcoming Galaxy S8 Smartphone To Feature Changes In Hardware, Get Artificial Intelligence Services
Fujitsu' New IP-HE950 Encoder and Decoder Offer real-time 4K Video Transmission
New G-Technology G-DRIVE Portable SSDs Feature USB-C Connectivity
Alphabet Reports Strong Sales As Mobile Search and Video Ads Drive Revenue Growth
New Radeon Pro 400 Series Graphics Power 15-inch MacBook Pro
LG ULtrafine 5K/4K Displays Offer Performance and Integration With MacBook And New MacBook Pro
Sony Brings PlayStation Vue To Android TVs
Apple unveils new MacBook Pro Featuring Touch Bar, Ultra-thin Design
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 > 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.

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's Upcoming Galaxy S8 Smartphone To Feature Changes In Hardware, Get Artificial Intelligence Services
Samsung Third Quarter Profit Drops Amid Note 7 Phone Fiasco
Samsung Pay Expand In New Russia, Thailand and Malaysia
Samsung Introduces New ARTIK Smart IoT Platform Modules
Samsung Set To Announce 2nd Generation ARTIK Processor For IoT Devices
Samsung Galaxy Tab A 10.1" With S Pen Released
Samsung Galaxy Note 7 Customers To Get New Galaxy Note 8 Or Galaxy S8 Smartphones Half Price
Samsung to Exchange Galaxy Note 7 with New Galaxy S8
Samsung Could Use LG Chem batteries For Future Smartphones
Samsung Rolls Out First 10nm 8GB LPDDR4 DRAM Package
Samsung S3 Smartwatch Is Coming Next Month
Quick Benchmarks With The Samsung NVMe M.2 960 PRO SSD

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 .