Earnings & Sales Archives | Be Korea-savvy

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Major Refiners Bask in Decent Q1 Profit, Set to See Another Opbeat Result

Major Refiners Bask in Decent Q1 Profit, Set to See Another Opbeat Result

SEOUL, May 15 (Korea Bizwire) — South Korean oil refiners, led by top player SK Innovation Co., logged decent earnings in the first quarter of the year on the back of robust petrochemical business, and expect their bottom line to remain firm under the current quarter thanks to the recovery of their refining margin, industry [...]

Samsung Logs Record DRAM Market Share in Q2

Samsung Logs Record DRAM Market Share in Q2

SEOUL, Oct. 13 (Korea Bizwire) — South Korea’s tech titan Samsung Electronics Co. posted a record share of the global dynamic random access memory (DRAM) market in the second quarter, data showed Tuesday, reflecting the rising presence of chips in its business portfolio. Samsung’s share of the global DRAM market came to 45.2 percent of [...]

Samsung’s Market Share in Mobile Phones Down in Q1

Samsung’s Market Share in Mobile Phones Down in Q1

SEOUL, May 18 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. saw its global market share in the mobile phone sector drop slightly during the first quarter of this year but its shares in the DRAM, TV and display areas improved, a report showed Sunday. According to the report by Samsung Electronics detailing [...]

S. Korean Corporate Revenues Fall at Record Pace in 2014

S. Korean Corporate Revenues Fall at Record Pace in 2014

SEOUL, Apr. 23 (Korea Bizwire) — South Korean companies’ revenues declined at a record annual pace in 2014 as the firmer local currency and weak oil prices worked to lower export prices and reduce overseas sales, central bank data showed Thursday. Combined sales at 1,536 listed firms and 195 non-listed key companies sank 1.5 percent [...]