Thursday, April 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC Reports Quarterly Profit
Toshiba Debuts World's Fastest microSD Memory Cards
PlayStation 4 Sales Surpass 7.0 Million Units
Google Reports Lower Than Expected First Quarter revenue
AMD Demonstrates Next-Gen x86 APU Running Fedora Linux
Lenovo Introduces A to Z and FLEX 2 series Of Laptops and Desktops
Japanese Court Rejects Mt Gox Bankruptcy Protection Application
LaCie Warns Of Security Breech
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 > 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 Galaxy S5 Carries A Very High Bill of Materials
Researchers Hack Galaxy S5's Fingerprint Scanner
Samsung SDI Introduces Large Capacity, Curved Battery
Samsung To Hold 'Kapture The Moment' Event
HTC Said To Prepare a Plastic Version of One M8
Samsung Galaxy S5 and New Gear Devices Launch Globally
SAMSUNG Expands Its Zero Client Lineup with New Desktop Endpoint
Samsung Galaxy Note 4 Coming In September
Samsung Accelerates DDR4 Production
Samsung's Next Smartwatch to Go Solo
Samsung Launches The Galaxy ACE Style
Samsung Profit Falls

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 .