InfoAnda - Smartphones to lift Samsung to record $5 billion profit |

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

Seoul shares extend gains, up 4 percent | 30 October 2008
Marches for, against Chavez in divided Venezuela | International | | 6 September 2009
EU takes Iran opposition group off terror list | 27 January 2009

WikiLeaks may have blood on its hands, U.S. says | | 30 July 2010

Forum Views () Forum Replies ()

Read more with google mobile : Smartphones to lift Samsung to record $5 billion profit |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Fred Kempe Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read George Zimmerman: Prelude to a shooting 25 Apr 2012 Florida judge blocks drug tests for state workers 4:19pm EDT The Killers saxophonist commits suicide 1:58pm EDT Tens of thousands sing in protest at Breivik trial | 3:42pm EDT SEC starts probe of Chesapeake CEO's well stakes 5:23pm EDT Discussed 400 George Zimmerman: Prelude to a shooting 324 Washington sues Florida city over firefighter tests 99 Nugent says had ”solid” meeting with Secret Service Watched ExoHand gets to grips with future of automation Tue, Apr 24 2012 Gold standard inevitable, $10k/oz looms, says new book 3:30am EDT Mitt Romney says he would boot Ben Bernanke - The Trail Tue, Apr 24 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption A day with the LAPD A day with the LAPD where the riots began 20 years ago. Slideshow Extreme fishing The extreme ways some people go to catch their seafood. Slideshow Smartphones to lift Samsung to record $5 billion profit Tweet Share this Email Print Related News Nintendo's hard choices for a soft landing Wed, Apr 25 2012 Apple crushes Street targets, dispels iPhone fears Wed, Apr 25 2012 UPDATE 3-High-end TV sales help LG Electronics triple Q1 profit Wed, Apr 25 2012 Analysis: As technology shifts, Asian giants wrestle for TV control Tue, Apr 24 2012 Apple infringes on Motorola Mobility patent: ITC judge Tue, Apr 24 2012 Analysis & Opinion Twitter gives peace a chance in patent wars Previewing e-books defense: No price-fixing, no harm to readers Related Topics Tech » Media » An employee poses with Samsung Electronics' Galaxy phones at a store in Seoul March 14, 2012. SAMSUNG/ Credit: Reuters/Kim Hong-Ji By Miyoung Kim SEOUL | Thu Apr 26, 2012 2:43pm EDT SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, will report record quarterly operating profit of around $5 billion later on Friday on soaring sales of its Galaxy smartphones and as South Korean firms outmuscle Japanese rivals in TVs and memory chips. Samsung, whose $184 billion market value is worth around a dozen Sonys, is set to topple Nokia as the global handset leader after 14 years, and its Android-based Galaxy line-up will have outsold Apple's iPhone as it won users from Nokia, Blackberry maker Research In Motion, Motorola and others. The South Korean firm, which last year sold close to one in every 5 smartphones worldwide, should build on that market leadership with the launch in London next week of a third generation of its flagship Galaxy S, backed by heavy marketing ahead of the summer Olympics.The new Galaxy will be powered by Samsung's quad-core microprocessor, which it hopes to see used in handsets sold by Nokia, HTC and Motorola, as well as Apple, its biggest customer. And, while Apple said this week that iPhone 4S sales boosted its quarterly revenue in China five-fold, there are more Samsung handsets than Apple phones in the world's biggest mobile market, said IDC analyst Wong Teck-Zhung in Beijing. Samsung - which has deals with all three of China's big telecoms operators - already pushed out Nokia as China's top smartphone vendor in the fourth quarter, with a near-25 percent market share, and analysts expect that to have increased as Nokia slips further. "Samsung's smartphone success in the first quarter was the flip-side of Nokia's disappointment," Matt Evans, CLSA analyst said in a recent report. China's smartphone growth has defied most forecasts, and South Korean smartphone chip maker SK hynix this week predicted smartphone sales in China could be 20-30 percent higher than originally expected, given the level of orders it has seen. "Overall Chinese demand was very strong in the first quarter and will drive global smartphone shipments to over 700 million this year," Kim Ji-bum, SK hynix head of global marketing and sales, told analysts on Thursday. Samsung, led by Chairman Lee Kun-hee, said earlier this month its quarterly operating profit will be 5.6-6.0 trillion won ($5.1 billion), close to double the year-ago quarter, and analysts predict handsets will bring in around two thirds of total profit. STRONG MARGINS Samsung is estimated to have sold some 90 million handsets, including 44 million smartphones, in January-March, beating Nokia's 83 million handsets, which included 12 million smartphones. Apple sold 35.1 million iPhones, which accounts for about half its revenue, in the March quarter. CLSA's Evans reckons each Galaxy S II sold generates about $135 of operating profit. "The key will be how profitable Samsung's handset business was in the first quarter as they had strong sales with little marketing spend increase in the absence of major product releases," said Lee Sun-tae, an analyst at NH Investment & Securities, noting, however, that margins would come under pressure again as the new Galaxy launch will come with a hefty marketing budget. Analysts expect a near-20 percent operating margin from handsets thanks to strong sales of the Galaxy S II and the Note phone/tablet - Samsung's top-end model with a throwback stylus and 5.3-inch screen. "But Samsung is reshuffling its product mix to drop feature phones and increase smartphone models. That'll limit the downside," added Lee. Samsung's home market remains its most lucrative as South Koreans buy high-end models and the company has a near-70 percent market share. Its smartphone operating margin in South Korea is around 38 percent, estimates CLSA, close to Apple's and nearly double the margin for Samsung's overall mobile business. Samsung competes with Sony and LG Electronics Inc in TVs, Toshiba and SK hynix in chips and LG Display in displays. Shares in Samsung have climbed 27 percent so far this year - hitting a life high of 1.351 million won ($1,200) earlier this month - far outperforming the benchmark index's 7.6 percent gain. ($1 = 1141.2500 Korean won) (Editing by Ian Geoghegan) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 27 April 2012
Bin Laden's family en route from Pakistan to Saudi |
Islamist militants blow up Yemen gas pipeline |
Mubarak's PM says can lead Egypt, draws protests |
U.S. drafts U.N. council resolution on Sudan, South Sudan conflict |
Amazon trounces Street targets, shares jump |
Zynga reports first-quarter quarter revenue of $321 million |
Google disputes FCC claims of obstruction |
Expedia tops profit estimates, shares up |
Smartphones to lift Samsung to record $5 billion profit |
Seagate expands buyback plan by $2.5 billion |
FTC taps outside counsel for Google antitrust probe |
Strong women take center stage in Tribeca foreign films |
New breed of boy bands takes over airwaves |
Redford aims to bring indie U.S. cinema to London |
Ailing country star George Jones cancels more shows |
Actor Lane Garrison charged with domestic violence |
The Killers saxophonist commits suicide |
Syria, rebels trade blame over fragile U.N. ceasefire |
Exclusive: Senate probe finds little evidence of effective 'torture' |
U.S., Japan unveil revised plan for Okinawa |
Bin Laden's family deported from Pakistan to Saudi Arabia |
Taliban website hacked as Afghan cyber war heats up |
In South Sudan border lands oil brings bombs, not blessings |
U.S. oil report seen supporting Iran sanctions |
Home surrounded after blind China activist's mystery escape |
Apple sales rocket in China, but growth may slow |
Galaxy phones power Samsung to record $5.2 billion profit |
Sharp books $1.5 billion extraordinary loss for 2011-12 |
U.S. brings in big gun to Google antitrust probe |
House passes cyber bill despite veto threat |
F-Secure cuts growth outlook, shares drop |
Seagate expands buyback plan by $2.5 billion |
EBay shifts gears in India as rivals step up |
Missing Cuban actor, War Witch win Tribeca awards |
Octomom says leaked photos of her home were a set-up |
Strong women take center stage in Tribeca foreign films |
Romanian government toppled, Czechs face test too |
Abduct Israelis to free prisoners: Gaza leaders |
Bombs wound 27 in Ukrainian city |
China's space know-how said threat to U.S., Taiwan |
Norway survivors of Breivik massacre tell of pain |
Ukrainian ex-PM asks court to adjourn tax trial |
Could North Korea test uranium bomb for first time? |
Analysis: Mexican women voters back alpha male over female rival |
Amazon soars as digital sales boost margins |
Nokia suffers second cut to junk as S&P downgrades |
Space shuttle Enterprise lands in New York atop jet |
Workers protest at Foxconn plant in China |
Allscripts shares plunge on weak outlook, board changes |
Aware to sell patents to Intel for $75 million, shares surge |
China state news portal jumps on debut after $219 million IPO |
Rolling Stone overhauls album ranking, Kanye stars |
Korean Christians aim to stop Lady Gaga's pornographic show |
Adele's label XL is big winner at Music Week Awards |
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