Saturday, March 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 25, 2013
Samsung Reports Record Third-quarter


Samsung Electronics's quarterly operating profit surged 26 percent to a new record, powered by a recovery in its memory chip business as smartphone sales grow.

The company forecast on Friday that strength in its bread-and-butter chip business would continue in the current quarter, while growth in smartphones would slow due to intensifying competition during the year-end holiday season.

The South Korean firm expected smartphone shipments would grow at around 1-5 percent in the current quarter from the previous quarter, while selling prices would remain unchanged or increase slightly.

Samsung on Friday said July-September operating profit rose to 10.2 trillion won ($9.6 billion).

Profits at its chip business doubled to 2.06 trillion won, reflecting stronger chip prices this year and tighter supply since a fire last month at a Chinese plant owned by SK Hynix.

"Mobile DRAM shipments will stay strong with the release of various low- to high-end smartphones as the holiday season nears. With the rise in demand for specialty DRAM and NAND, the market will experience tighter supply," Samsung said in a statement.

The A7 processor inside Apple's new iPhone 5s was made by Samsung, according to a teardown of the handset by IFixit. Samsung processors also are in other iPhones, the iPad and the iPad mini.

The mobile division reported a record 6.7 trillion won profit as a greater variety of cheaper Galaxy smartphones boosted shipment volumes and helped counter weakening growth in the high-end segment.

After adding a smartwatch and its first phone with a curved screen, Samsung registered designs for spectacles to challenge Google's Glass in the wearable devices market.

Profit at Samsung's consumer-electronics division, which oversees the TV and home-appliance businesses, was 350 billion won.

Samsung's display division, which dominates the market for panels using organic light-emitting diodes, had an operating profit of 980 billion won in the third quarter, compared with the 1.17 trillion won a year earlier.

In related news, Samsung Display has started making LCDs at its new eight-generation plant in Suzhou Jiangsu , China.

Suzhou Samsung LCD is currently in operation after a year of consruction. It will mainly produce UHD and Full HD TVs ranging from 48-55 inches.




Previous
Next
Philips Will Not Transfer Its Audio, Video And Multimedia Business To Funai        All News        Windows To Support Voice-controlled Apps
New MTV Series To Debut On App     General Computing News      Windows To Support Voice-controlled Apps

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Listed In Nvidia's Chip Providers
Samsung to Bring Microsoft Services on More Devices
Samsung Expands Its Lineup of Curved Monitors
Samsung Demonstrates Enterprise Platforms at CeBIT 2015
Samsung Strengthens Its SSD Business With New Apple Macbook Deal
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
Samsung Lost Top Position to Apple in Q4's Global Smartphone Market
Samsung Releases New Image Sensor and NFC IC For Mobile Devices
Crafted from Metal and Glass, Samsung Galaxy S6 and Galaxy S6 Edge Are Here
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

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 .