Thursday, August 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Infineon To Buy International Rectifier for Approximately $3 Billion
Verizon May Launch New App Store
ZTE Nubia 5S mini LTE Coming Unlocked For $280
Lenovo Expands Its ThinkCentre Range with Affordable Desktop PCs
Samsung and Barnes & Noble Introduce Samsung Galaxy Tab 4 NOOK
TCL and Roku Introduce Streaming TVs
Ballmer Steps Down From Microsoft Board
Samsung To Unveil New Smart TV Content at IFA 2014
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 > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, January 08, 2013
Samsung Forecasts Record Profit For 4Q


Samsung Electronics expects record earnings for the fourth quarter of 2012 as sales of its smartphones and tablets are soaring.

The company said Tuesday its operating profit for the October-December quarter would be about 8.8 trillion won ($8.3 billion), up 89 percent from a year earlier and higher than expectations. It will release its full quarterly result including net profit at the end of this month.

The company said fourth quarter revenue likely rose 18 percent from a year earlier to 56 trillion won.

Analysts said nearly 70 percent of the operating income for the quarter was likely generated by Samsung's mobile division that makes and sells smartphones and tablets.

Samsung's mobile business, which recently overtook Apple in smartphone sales and Nokia in mobile handsets, has driven Samsung's earnings growth in recent quarters.

The company launched the Galaxy Note II smartphone in September, which helped Samsung retain its market dominance during the Christmas holiday season despite competition from Apple's iPhone 5. Samsung's flagship Android device, the Galaxy S III, also sold strongly.

Analysts speculate that Samsung will introduce a new Galaxy S smartphone, likely to be named the Galaxy S IV, before the end of April.

In addition, the company plans to act more aggressively to increase its share of the tablet PC market this year.

Robust demand for smartphones around the world is also benefiting Samsung's semiconductor operation as well. The company is the world's largest supplier of TVs and memory chips.


Previous
Next
Samsung Unveils New SMART Cameras At CES        All News        Samsung First Windows Phone 8 Smartphone Coming From Verizon Wireless
Google To Provide Free WiFi Neighborhood in Manhattan     General Computing News      Apple App Store Tops 40 Billion Downloads

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 .