- 25 January 2013
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Samsung now announced the financial results of 4th quarter ending which ended about December 31, 2012. Samsung posted profits of 56.06 trillion Korean claimed, a 7 % quarter-on-quarter heighten while the consolidated working as well as the web profit reached 8.84 trillion earned, a 10 % heighten quarter-on-quarter plus 7.04 trillion claimed respectively.
Samsung’s full year working profit reached 29.05 trillion claimed about revenue of 201.10 trillion claimed.
Mobile Communications, was again the star company for Samsung Electronics with all the significant need of equipment like Galaxy S III plus Galaxy Note II.
Samsung moreover posted figures of individual companies that are because follows:
Samsung posted a consolidated revenue of 9.59 trillion earned, a 10 % heighten on-quarter. The company maintained profitability despite having a weak marketplace need due to its portfolio of SSDs plus NAND flash chips.
As for this quarter, Samsung expects the need for chips to go down this quarter yet can capable sustain profitability.
The Display Panel company posted an running profit of 1.11 trillion earned about revenue of 7.75 trillion claimed. The company saw wise sales inside China plus different developing economies.
For Q1 2013, Samsung expects the need for 60-inch TV panels to rise together with the need for pill panels.
IT & Mobile Communications:
The IT & Mobile Communications division, comprising Mobile Communications, Telecommunication Systems, IT Solutions plus Digital Imaging recorded a revenue of 31.32 trillion earned, from that 27.23 trillion earned added within the mobile handset sales.
If Mobile Communications was capable to keep the division inside green, IT-related companies was affected by aggressive pricing.
Coming quarter can see need for cell phones to decrease inside developed nations while need may heighten inside emerging nations due to release of affordable handsets.
Consumer Electronics company consists of Visual Display plus Digital Appliances which reached an working profit of 740 billion claimed about profits of 13.95 trillion claimed, a 20 % heighten on-quarter.
Samsung expects the need for LED TV to be up inside the initial quarter yet may have an off-peak seasonality total. As for Digital Appliances, Samsung expects moderate development inside developing nations while low development inside developed nations.