Saturday, February 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Draft Bill Focuses On Consumer Data Privacy
Uber Says Breach Affected 50K Drivers
Google Showcases Future Silicon Valley Headquarters
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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 Says Semiconductor Technology Can Easily Scale Down to 5nm
Samsung To Showcase IoT, Network Functions Virtualization and 5G Technologies at MWC 2015
Samsung Introduces First 128-Gigabyte Universal Flash Storage for Smartphones
Group Files FTC Complaint Against Samsung’s Smart TVs
Samsung, SK Telecom to Collaborate Demonstrate 5G at MWC
This Is The New Samsung Galaxy S6
Samsung to Supply Memory Chips To LG, Apple
Samsung SDI Buys Magna 's Battery Pack
Samsung Releases Public Safety LTE Solution
Samsung to Acquire LoopPay Digital Wallet Platform
Samsung TVs Do Not Encrypt Collected Data
Samsung Develops First eMMC 5.1 Flash Memory

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 .