Q3 2012: Samsung shipped 57.1 million smartphones, operation profit ramps up to $7.3 billion.
Tech & Science. Francisco De Jesùs.
operating profit of 8.1 trillion won ($7.3 billion) in the third quarter
of this year on the back of robust smartphones sales. It is the fourth
straight quarter of record operating profit.
rise from 4.3 trillion won a year earlier and a 20.5 percent gain from
the previous quarter, the company said in a regulatory filing. It is the
first time a Korean company has exceeded 8 trillion won in quarterly
operating profit.
said it recorded record sales of 52 trillion won during the three-month
period, up 26 percent from a year ago.
trillion won in revenue, while the combined operating profit reached
20.67 trillion won. It’s possible for Samsung to clinch 200 trillion won
in revenue and 25 trillion won in operating profit for the entire
year,’’ said a company spokesman.
consumer electronics and display-panel divisions also helped improve
quarterly earnings and revenue.
expect the phone-making division took up 68 percent by reporting at
least 5.5 trillion out of the 8.1 trillion won quarterly operating
profit,’’ said the official.
leading local brokerage Daishin Securities. That will surpass the 50.5
million the firm shipped the previous quarter, a new high for a single
vendor.
May debut, the firm said on Sept. 6. The company is also marketing the
Galaxy Note 2, equipped with a stylus and a larger screen than the S3,
after the first version sold more than 10 million.
at least secured their bottom line despite the debt-crisis in Europe and
a slowdown in consumer spending in the United States and China.
to heat up in the fourth quarter after the release of Apple’s new
iPhone,’’ said the official.
business, reported some 700 billion won in operating profit in the last
quarter thanks to the rising popularity of high-end TVs in Samsung’s
strategic business markets of Europe, North America and China.
seen to create some 1 trillion won operating profit during the
July-September period helped by an increased shipment of mobile
application processors for use in smartphones and tablets and flash-type
memory chips.
and 30 percent before smartphones came out. But it was 73 percent in the
first quarter of this year, according to Samsung.
smartphone to diversify our business portfolio and lower the heavy
dependency on that business,’’ said a Samsung executive by telephone.
(SA), the demand for smartphones priced over $300 will lower to 30
percent next year from this year’s estimated 39 percent, meaning Samsung
will suffer from a possible decline in average selling price (ASP) _ a
barometer to gauge profitability.
rapid rise of China’s budget smartphone manufacturers including ZTE are
posing another threat to Samsung and urging its top decision makers to
develop other businesses for corporate sustainability.
mean smartphones don’t need huge investment, unlike memory chips, and
could be a short passing phase,’’ said another Samsung official.
Worldwide Tech & Science
2012-10-15 05:40:14
Source: http://worldwidegadget.blogspot.com/2012/10/q3-2012-samsung-shipped-571-million.html
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