InfoAnda - Samsung profit to recover after quarterly drop

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Kennedy Center gala honors performing arts greats | | 7 December 2009
Gasol to guest star on 'CSI: Miami' | 26 October 2009
"Johnny Cakes" From "The Sopranos" Dead In Suicide | 27 December 2008

Four weeks to say how Carradine died: Thai police | 6 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : Samsung profit to recover after quarterly drop

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Samsung profit to recover after quarterly drop Reuters - Friday, January 28 Send IM Story Print A worker sets up a display of Galaxy Tab tablets at the Samsung Electronics booth in preparation for the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 5, 2011. REUTERS/Steve Marcus Slideshow: Full Photo Coverage: Personal Technology By Miyoung Kim SEOUL - Booming demand for smartphones and tablets will help Samsung Electronics Co post better results this year after the world's No.2 mobile phone maker reported its weakest profit in six quarters. The South Korean firm has been grabbing market share from Nokia and LG Electronics Inc with its Galaxy smartphones, and it leads a pack of companies trying to halt Apple's runaway success in mobile devices. "Samsung is moving in the right direction into smartphones and tablets. Rising competition is a concern but the pie is also growing," said Cha Kyung-jin, a fund manager at Golden Bridge Asset Management, which owns Samsung shares. "Samsung will be able to comfortably position itself in the market. And improving momentum in chips and flatscreens will further consolidate its position in the global technology industry." The global smartphone market is set to grow more than 40 percent this year to over 400 million units, while the tablet market is likely to more than double to 55 million units, according to industry data. The explosion in these new consumer markets means Samsung is likely to get a bigger chunk of its profits from devices such as smartphones and tablets. Samsung's cyclical memory chips business is also set to rebound with prices likely to bottom out in the first quarter, analysts said. Shares in Samsung, whose $145 billion market capitalization is bigger than the combined value of Sony Corp, Nokia, Toshiba Corp and Panasonic Corp, gained as much as 2 percent to a record on Friday before closing up 1.6 percent. Samsung, which worked out how to make black and white TVs in the 1970s by tearing apart Japanese models, overtook Sony as the world's most popular consumer electronics brand in 2005. In a sign of Samsung's fast growth over the past decade, the company had the biggest booth, the thinnest products and by some accounts the best buzz at the annual Consumer Electronics Show in Las Vegas earlier this month. Samsung Chairman Lee Kun-hee has been preparing for a generational shift to his only son Jay Lee for control of the firm, whose sales of 155 trillion won last year were equivalent to more than half of South Korea's annual budget. The world's top maker of flatscreens and televisions reported 3.0 trillion won in operating profit for the October-December period, missing a consensus forecast of 3.4 trillion won in profit as polled by Thomson Reuters I/B/E/S. But this was in line with Samsung's forecast of operating profit between 2.8 trillion and 3.2 trillion won. The result compares with a 4.9 trillion won profit in the preceding quarter and 3.4 trillion won a year earlier. On Thursday, Nokia, the world's biggest cellphone maker, warned of a grim start to 2011 after rivals such as Samsung ate into its market share. Sony is also betting on new products to fend off competition from the likes of Samsung. Samsung shares have risen by a third in the last three months, beating a 10 percent gain in the South Korean KOSPI index on expectations of a recovery in profits. Out of 47 analysts tracking Samsung, only one has a hold rating and the rest either have a strong buy or buy recommendation, according to StarMine data. STRONG RECOVERY IN SMARTPHONES Profits from Samsung's telecoms division accounted for nearly half its total profit in October-December, helping offset the impact of a sharp profit drop in flatscreens and chips, which were the major earnings contributors for last year's record profit overall. The rest of the profit came from the chip division, helped by strong demand for NAND-type flash memory chips widely used in smartphones and tablets, while home appliances swung into a loss. The flatscreen unit made a small profit. Samsung has sold around 10 million Galaxy S smartphones, powered by Google's Android platform, since its June debut, and 2 million Galaxy tablets in the past three months. It still has a long way to catch up with Apple, which sold more than 7 million iPads and 16.2 million iPhones last quarter alone. Apple says it is unable to build enough iPhones to meet demand. One threat to Samsung this year will be a stronger won, which will reduce repatriated revenue for the export-oriented company and put it at a price disadvantage to Japanese rivals. Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 2 hours 46 minutes ago Young, web savvy fight for Egypt against Mubarak Reuters - Saturday, January 29 Sony unveils new 'NGP' portable game console AFP - Saturday, January 29 Microsoft net profit slips despite record revenue AFP - Saturday, January 29 Tablets won't steamroll Microsoft, top exec says Reuters - Saturday, January 29 News Search Top Stories US growth hits highest level in five years Ford doubles profit in 2010 US, Britain split on cuts in Davos S.Africa govt says no need to panic over Mandela Charlie Sheen rushed to hospital after 'wild' party More Top Stories » Related Full Coverage Personal TechnologyMobile phones & personal gadgets All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Charlie Sheen rushed to hospital after 'wild' party S.Africa govt says no need to panic over Mandela Rare Sumatran tiger gives birth to three cubs 'Thunder-snow' storm buries US north-east US financial crisis 'avoidable' says probe More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Friday, 28 January 2011
Egypt activists keep up the heat, boosted by ElBaradei
Top NATO officer sees echoes of WWII in Afghanistan
Ukraine opens new criminal probe against Tymoshenko
Facebook denies to launch branded phones with HTC
ElBaradei returns to Egypt on third day of clashes
Russia 'seeks Slavic Islamist' for Moscow bombing
'Thunder-snow' storm buries US north-east
Second under age girl at Berlusconi parties: report
Sarkozy: 'Merkel and I will never let the euro fail'
Hariri seeks guarantees as Lebanon PM forms govt
Colombia wants mine safety review after blast |
Rosneft, Exxon ink Black Sea exploration deal
Leaders urge vigilance on Holocaust memorial day
Hariri bloc will not join new Lebanon government
Baghdad car bomb kills 37 mourners
Roma survivor cites forgotten Holocaust |
Russia says awaiting Iranian response on fuel swap
Nokia sees weak Q1, flags strategy change
Baghdad car bomb hits mourners, 53 dead in attacks
Homophobia unlikely in gay activist murder: police |
Motorola Mobility shares slide on gloomy outlook
Car bomb at Iraq funeral wake kills at least 35
ElBaradei says time for Egypt leader Mubarak to go
US-TECH Summary
Israeli settlers kill Palestinian in West Bank
Sony takes on DS and smartphones with new handheld
In U.S. courts, Facebook posts become less private |
News Corp to launch iPad newspaper on February 2 |
US-ENTERTAINMENT Summary
"Black Swan" jewelry box among SAG auction items
"American Idol" dominates ratings in second week
Buzzdeck could tell if you're gonna be a rock star |
Motown Marvelette lead singer Horton dies at 66
A Minute With: director Miguel Arteta at Sundance
Egypt's online movement takes to the streets |
Amazon stock up before results but margins are concern |
Alzheimer's examined in Chile Sundance film
Millennium author feud hots up with partner's memoir
NY pol wants cell phone ban for pedestrians
Carrefour, Wal-Mart 'sorry' for China pricing
Auschwitz launches Facebook donation drive
China to launch property tax on trial basis
Muslim population growth outpaces non-Muslims: study
Europe wrong-footed on China rare earths response
GM sees car sales growth slowing in China and India
Prada announces IPO on Hong Kong bourse
China's Lenovo, NEC form PC joint venture in Japan
Taiwan IT giant Foxconn beaten in solar cell deal
Charlie Sheen hospitalized in LA |
British arrests over cyber group 'Anonymous'
Chinese tycoon hands out cash in Taiwan
Black Swan jewelry box among SAG auction items |
Nintendo nine-month net profit plunges 74.3%
Bieber, Ozzy Osbourne team up for Super Bowl ad |
US-TECH Summary
Aerosmith shoots down false rumors |
American Idol dominates ratings in second week |
Q+A-Pakistan's double-digit inflation and policy responses
'Anonymous' hackers threaten Egyptian government
Nokia sees weak Q1, flags strategy change
Motown Marvelette lead singer Horton dies at 66 |
Chinese satirical cartoon blocked by government
A Minute With: director Miguel Arteta at Sundance |
Motorola Mobility shares slide on gloomy outlook
Kindle Singles debuts pithy digital works
RIM tells India no access for BlackBerry emails
Buzzdeck could tell if you're gonna be a rock star
When will your tax refund arrive? There's an app for that
Dutch MPs back Afghan police training mission
Egypt unrest rages; web shut ahead of big protest |
Obama ratchets up pressure on Egypt's Mubarak
Mandela 'very sick' but life not in danger
LinkedIn's IPO to test appetite for Facebook
Tunisia purges government, wins union endorsement |
Egypt arrests Muslim Brotherhood leaders
Charlie Sheen rushed to hospital after 'wild' party
South Korea relaxes apology demand for nuclear talks |
US financial crisis 'avoidable' says probe
Amazon.com stock drops on earnings miss
UK police arrest WikiLeaks backers for Web attacks |
Egypt activists keep up the heat, boosted by ElBaradei
No need to panic over Mandela, says government |
Egypt internet disrupted, SMS down
White House eyes spectrum for public safety
Myanmar court upholds dissolution of Suu Kyi party |
FBI conducts searches tied to WikiLeaks cyber attacks
N. Korea makes fresh call for talks with S. Korea
Australia's floods bill climbs and takes toll on PM |
LinkedIn announces IPO
Djokovic beats Federer for Aus Open tennis final
Thousands march in Yemen to demand change of government |
Microsoft net profit slips despite record 2Q revenue
Colombia wants mine safety review after blast |
Myanmar faces flak over rights record
Lunar New Year highlights China labor issues |
SanDisk margins disappoint, shares fall
Asian Cup raises $333,000 for flood victims
Global minimum and maximum temperatures
Microsoft net profit slips despite record 2Q revenue
Tiananmen duo denounce exclusion from Hong Kong
Harry Reid unbowed in taking on GOP, Obama
Thai government, army deny coup claims
HI bill would give anyone Obama birth info for fee
Head-on train crash in Indonesia kills at least 3
Filibuster lives: Senate rejects changes in rules
Wilco stars own record label
Titian painting auctions for record $16.8 mln
Microsoft's Windows disappoints on lukewarm PC sales |
US students stressed out: study
Apple, RIM, ZTE won in booming cellphone market |
Charlie Sheen hospitalized in LA
LinkedIn's IPO to test appetite for Facebook |
Samsung profit to recover after quarterly drop |
Hot "Brink" and "Rage" videogames set for release
UK police arrest WikiLeaks backers for Web attacks |
Aerosmith shoots down false rumors
Egypt's online movement takes to the streets |
Bieber, Ozzy Osbourne team up for Super Bowl ad
In U.S. courts, Facebook posts become less private |
Indonesian ferry fire kills 11
Carrie Fisher is fat but "not like Jabba the Hutt"
White House eyes spectrum for public safety |
News Corp to launch iPad newspaper on February 2 |
Seoul shares dip on autos, Samsung Elec at record high
Amazon margins squeezed by costs, shares plunge |
Japan's Nissan, Mazda expand supply pact
Taiwan stocks close higher before long holidays
Japan consumer prices slide, unemployment eases
Samsung Electronics posts 13% jump in net profit
Pakistan
Japan fiscal discipline key to gain confidence: PM
UPDTE 1-S.Korea says inflation situation getting worse
Credit downgrade 'a wake-up call for Japan'
Charlie Sheen hospitalized after wild party |
UK police arrest WikiLeaks backers for Web attacks
Bruno Mars bounces Britney from No. 1 singles slot |
Apple, RIM, ZTE won in booming cellphone market
Black Swan jewelry box among SAG auction items |
Bieber, Ozzy Osbourne team up for Super Bowl ad |
Carrie Fisher is fat but not like Jabba the Hutt |
Wilco stars own record label |
Aerosmith shoots down false rumors |
American Idol dominates ratings in second week |
Director Jackson's surgery to delay Hobbit filming |
Motown Marvelette lead singer Horton dies at 66 |
French court upholds gay marriage ban
Kabul supermarket suicide attack kills 8: police
Irish PM to dissolve parliament on Tuesday: report |
Sony unveils new 'NGP' portable game console
German MPs extend unpopular Afghan mission
US, Britain split on cuts in Davos
Kabul supermarket bomb kills 9, foreigners target |
Microsoft net profit slips despite record revenue
Corrected
Palestinian protests show splits over leaked papers |
Many hurt as anti-Mubarak protests in Egypt grow
Tablets won't steamroll Microsoft, top exec says
Egypt police clash with protestors in Alexandria
Samsung profit to recover after quarterly drop
Egypt's online movement takes to the streets
Afghan police: 8 die in Kabul supermarket blast
White House eyes spectrum for public safety
Afghan police: 6 die in Kabul supermarket blast
Japan fiscal discipline key to gaining confidence: PM
American held in Pakistan over double killing
Sony unveils new 'NGP' portable game console
Microsoft net profit slips despite record revenue
Blue Samurai downplay Kagawa absence
Samsung profit to recover after quarterly drop
Young, web savvy fight for Egypt against Mubarak |
COMMENTARY: Lang Lang's controversial choice of music for US state dinner
Tablets won't steamroll Microsoft, top executive says |
Low-key end to Federer's reign
Philippine university celebrates 400th anniversary
Corrected: In U.S. courts, Facebook posts become less private |
Death toll in Indonesian ferry fire soars to 11
Bruno Mars bounces Britney from No. 1 singles slot
Berlin shows off real-life 'Indiana Jones' treasures
Son says N. Korean leader didn't want power succession
'Punk' art rocks Rome in new exhibition
Chinese officials plugged into latest online slang
Ancient Andean deity brings 'wealth' to believers
Li shrugs off Chinese Grand Slam frenzy
Japanese maestro Ozawa cancels dates after surgery
Choo's the shoe of choice
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01