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Insight: How Samsung is beating Apple in China
2013-07-26 09:13:16| Semiconductors - Topix.net
Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company.
Tags: china
samsung
apple
insight
Smartphone shipments up 47% in Q2, Samsung takes 33% share
2013-07-26 09:08:00| Telecompaper Headlines
(Telecompaper) Global smartphone shipments grew 47 percent annually to reach a record 230 million units in the second quarter of 2013, according to research by Strategy Analytics. Samsung captured one-third of all smartphone volumes worldwide, while Apple's market share fell to its lowest level for three years. Smartphones accounted for 59 percent of all mobile phones shipped globally. Smartphone growth, which is at a higher rate today than a year ago, is being driven by demand for 4G models in developed regions like the US and 3G models in emerging markets such as India, the market researcher said. Samsung shipped an estimated 76.0 million smartphone sin the quarter, up from 48.7 million a year ago, and its market share rose to 33.1 percent from 31.1 percent in Q2 2012. Apple also increased its shipments, but its growth rate was less than that of the market, pushing its share down to 13.6 percent from 16.6 a year ago. LG and ZTE also posted strong growth and increased market share, to respectively 5.3 percent and 5.0 percent, while the top five was completed by Huawei, with 4.8 percent of smartphone shipments.
Tags: share
takes
samsung
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Samsung profits up strongly on smartphone growth
2013-07-26 08:52:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics has reported a strong increase in second-quarter profits, led by its expansion in the mobile market. The company's net profit jumped to KRW 7.77 trillion from 5.19 trillion a year earlier. Operating profit rose to KRW 9.53 trillion from KRW 6.46 trillion, and sales improved to KRW 57.46 trillion from KRW 47.60 trillion, in line with Samsung's earlier guidance. At the mobile division (IM), revenues improved to KRW 35.54 trillion from KRW 23.36 trillion a year ago. Samsung said the handset market was seasonally weak, with only a low single-digit increase in the smartphone segment compared to the first quarter of this year. Tablet demand was also lower in developed markets, but was growing in emerging markets. Operating profit at the division was down 3 percent from Q1 to KRW 6.28 trillion amid higher marketing costs for the launch of the Galaxy S4 as well as R&D and retail channel investments, Samsung said. Smartphone shipments increased, the company said without releasing numbers, noting growth in North America and China. PC shipments were lower in line with the slower market demand. Going forward the company expects mobile phone growth to be more balanced between developed countries interested in LTE phones and experiencing intense competition and emerging markets such as China interested in mass-market smartphones. Tablet demand is expected to continue to grow strongly in all countries. Smasung will pay an interim dividend of KRW 500 per share, worth in total KRW 75.37 billion.
Tags: growth
samsung
strongly
profits
Samsung extends lead in global mobile phone market
2013-07-26 06:35:23| CNET News.com
Samsung accounts for nearly 28 percent of all handsets shipped worldwide, followed by fading Nokia and surging Apple and LG, according to new market data. [Read more]
Tags: phone
market
mobile
global
Samsung posts record quarterly profit
2013-07-26 05:01:04| BBC News | Business | UK Edition
Samsung Electronics reports a record quarterly profit boosted by growing smartphone sales and a surge in earnings at its display panel division.
Tags: posts
record
samsung
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