Friday, February 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Introducing the CORSAIR Obsidian Series 500D
EASA Publishes Guidelines for Safe Drone Operations
Apple to Upgrade the AirPods Headphones
SK Telecom to Unveil 'HoloBox' Hologram AI Technology at Mobile World Congress 2018
Worldwide Sales of Smartphones Declined in 4Q, Samsung Retains First Spot
Intel Brings 5G Connectivity to PCs
Samsung and Qualcomm Expand Foundry Cooperation on EUV Process Technology
LG To Unveil Updated K8 AND K10 Smartphones at MWC
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 > 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
Worldwide Sales of Smartphones Declined in 4Q, Samsung Retains First Spot
Samsung and Qualcomm Expand Foundry Cooperation on EUV Process Technology
Samsung to Cut OLED Panel Production as iPhone X Demand Slows: report
Samsung Electronics Begins Mass Production of 30.72TB SSD
Samsung Notebook 9 Pen, Notebook 9 (2018) and Notebook 7 Spin (2018) Available February 18
ISSCC: Samsung Working on 7-nm EUV SRAM, Intel Details 10-nm SRAM
Samsung SDI Aims at Cobalt-free EV Batteries
Samsung Chairman Suspect in Tax Evasion Case
China Signs MoU With Samsung on Chip Making
Samsung Introduces The Wall Professional at ISE 2018
Samsung's Lee Freed From Prison
Samsung to Bring Exynos Application Processors to Cars

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .