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Samsung CFO sees Q2 results 'not that good'
2014-06-25 09:12:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics expects its second-quarter earnings to be "not that good," CFO Lee Sang Hoon said. Lee's comments were confirmed by the company to Bloomberg after they were first reported by South Korean media. The CFO was asked questions on his way to an internal meeting, Clara Lee, a spokeswoman for Samsung, said. Samsung is expected to post operating profit of KRW 8.4 trillion (USD 8.2 billion) in the three months ending June, according to the average of 35 analyst estimates compiled by Bloomberg. This is down from as high as KRW 10.2 trillion in the third quarter of 2013. The company is under pressure from increased competition in the high end of the smartphone market, as well as more local players in emerging markets producing cheaper phones at the low end of the market.
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Philips, Infineon, Samsung face EU antitrust fines
2014-06-25 08:57:44| Electronics - Topix.net
EU regulators are poised to fine Philips, Samsung Electronics Co Ltd and Infineon Technologies AG in the coming weeks for fixing prices of chips used in mobile SIM cards, two people familiar with the case said on Tuesday.
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Apple iPad Mini 2 vs. Samsung Galaxy Tab S (8.4 Inches) - Specifications, Features and Price Showdown
2014-06-25 07:58:06| Electronics - Topix.net
Both the variants pack killer features and impressive hardware/software specifications that can give all other high-end tablets a run for their money.
Apple iPad Mini 2 vs. Samsung Galaxy Tab S (8.4 Inches) - Specifications, Features and Price Showdown
2014-06-25 06:49:12| Semiconductors - Topix.net
Both the variants pack killer features and impressive hardware/software specifications that can give all other high-end tablets a run for their money.
Samsung CFO warns of lacklustre Q2
2014-06-25 02:00:00| Total Telecom industry news
Lee Sang-hoon says earnings 'likely to not be good' amid concerns over slowing smartphone market.
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