Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Regin Trojan Enables Stealthy Surveillance: Symantec
ASTC Says 100 TB HDDs Coming in 2025
Alienware Alpha PC Gaming Console Now Shipping
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > Mobiles > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 04, 2013
Samsung Posts Record Earnings, HTC Under Pressure After Loss


Samsung Electronics estimates third-quarter record earnings adding more pressure to its Taiwanese competitor HTC, which reported its first-ever quarterly loss.

Samsung announced its earnings guidance for the third quarter of 2013. The Korean company estimates that its third-quarter operating profit rose to about 10.1 trillion won ($9.4 billion) on sales of cheaper handsets in emerging markets. Consolidated sales were approximately 59 trillion Korean won, according to Samsung.

HTC posted a net loss of NT$2.97 billion ($101 million) in the same period as its global smartphone market share plunged by more than half. The company also posted revenue of NT$47 billion in the quarter. Tepid sales in May led AT&T to cut the price of HTC?s First handset and consider dropping the device that integrates Facebook social-networking features.

HTC has focused a revival on its flagship One handset. But Samsung's strategy proved smarter, as the company expanded its range of mid-priced smartphones such as the Galaxy Golden and S4 Mini to capture sales in China and India. Samsung also has benefited from rising prices for the memory chips it makes for customers including Apple.

The release of the HTC One was also delayed amid a shortage of camera components.

HTC is also reportedly considering a proposal by Microsoft to add its Windows operating system to smartphones using Google's Android software.

The results from both companies were preliminary. Audited earnings are due later this month.



Previous
Next
Hackers Steal Data From Millions Of Adobe Customers        All News        Twitter Reveals Plans For $1 Billion Public Offering
Security Firm Hacks iPhone Fingerprint Scanner     Mobiles News      Amazon Working on a TV Streaming Box, Smartphones: reports

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Files ITC Complaint Against Nvidia
Samsung Loses Bid Against Microsoft
Samsung To Offer More Affordable Phones In 2015
Samsung To Make Future Application Processors For Apple: report
Samsung Opens Pre-orders For Black Friday Deals
Samsung Challenges Apple iBeacon With Proximity
Samsung Introduces Gear VR Innovator Edition, 3D capturing Project, New Advanced S Pen, SIMBAND Fitness Wearable
Samsung To Use New UFS memory In Upcoming Flagship Smartphone
Samsung Responds To Nvidia With Chip Patents Lawsuit
Apple Becomes The Most Powerful Mobile Brand In China: survey
Samsung Debuts New Flip-phone In korea
Samsung Says Its Find My Mobile Service is Safe

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 .