SEOUL, Sept. 25 (Korea Bizwire) -- Samsung Electronics Co. is expected to post a record operating profit of 17.2 trillion won (US$15.4 billion) in the third quarter, backed by firm demand for memory chips, market sources said Tuesday. The consensus by major brokerage firms marks an 18.5 percent on-year increase in the tech behemoth’s profit [...]
SEOUL, Jan. 29 (Korea Bizwire) – Samsung Electronics Co., the world’s top smartphone maker, said Thursday its net profit fell 26.7 percent in the fourth quarter of 2014 from a year earlier, dampened by sluggish smartphone sales as its global rivals increased their shares in both the high- and low-end markets. Net income came to [...]
SEOUL, Jan. 8 (Korea Bizwire) – Samsung Electronics Co., the world’s top maker of smartphones and memory chips, is headed for the first annual profit fall in three years, dragged down by weak smartphone sales amid intensifying competition with global rivals. The South Korean tech giant in a regulatory filing estimated its operating profit at [...]