Wednesday, September 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
SpaceX Chief Envisions Ships Flying to City On Mars
New Macbook Air, Macbook Pro 2016 Comig Next Month
Samsung Pay Adds Support for Coupons and Restore Function
USB-IF Announces USB Audio Over USB Type-C Specifications
Roxio Creator NXT 5 Supports Disc Burning With Multi-Camera Video Editing
ARM Unveiled New On-chip Interconnect Technology
AMD Brings The Power Of Polaris To Embedded With New Radeon E9260 and E9550 GPUs
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
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 > 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 Pay Adds Support for Coupons and Restore Function
Samsung Says Global Replacement Program for Galaxy Note7 Has Made Progress
HTC Announces the Desire 10 Pro and Desire 10 Lifestyle Smartphones
Samsung Says Battery Not Related To Note 7 Fire Reports in China
Samsung Narrows Gap With Intel In Semiconductor Industry Ranking
How to Identify the New Galaxy Note7
Samsung Sells Stakes in ASML, Seagate, Rambus and Sharp
Samsung's Recall For The Galaxy Note 7 Smartphones In Official In The U.S.
New HTC Desire Smartphones Coming This Month
Samsung's Software "Fix" For Galaxy Note 7 Limits Battery Recharges
HP To Buy Samsung's Printer Business For $1.05 billion
Samsung Urges Galaxy Note7 Users To Immediately Bring Their Phones For Replacement

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .