Thursday, June 29, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Entertainment to Start Vinyl Record Production
Samsung to Open $380 Million Home Appliance Manufacturing Plant in South Carolina
Dolby Atmos Coming to Netflix
Toshiba Delays Chip Unit Deal, Sues Western Digital
Qualcomm Debuts the Snapdragon Wear 1200 and the Snapdragon 450 Mobile Platforms
Samsung Launches ISOCELL Image Sensor Brand
Toshiba Announces 96-Layer 3D Flash Memory and 64-Layer QLC 3D Flash Memory
Western Digital Announces First 96-Layer 3D NAND Technology
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 to Open $380 Million Home Appliance Manufacturing Plant in South Carolina
Samsung Foundry Focuses on 6nm Process to Beat TSMC
Smart Switch App Lets you Move Everything from your Old Phone to a Newer Galaxy Device
Samsung to Open Home Appliance Factory in South Carolina
Samsung Bundles a 24" USB-C monitor With Galaxy Book
Samsung Goes Retro With the Galaxy Folder 2 Flip Phone
Samsung Begins Mass Production of Exynos i T200 IoT Chip
Samsung Galaxy Note 8 Launches in August
Samsung Display to Break Ground for New OLED Plant
Samsung Ramps up 64-Layer V-NAND Memory Production
Samsung Galaxy S8 and Galaxy S8+ Unlocked by Samsung Now Available in to More U.S. Resellers
Samsung Chips Set to Beat Intel in Q2

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .