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Samsung sees disappointing profit on weak Galaxy S6 sales

2015-07-07 05:05:35| Semiconductors - Topix.net

Samsung Electronics Co. forecast lower-than-expected profit for the April-June quarter in a sign that its much-anticipated Galaxy S6 smartphones failed to lead a meaningful recovery.

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Samsung predicts profit recovery

2015-04-29 12:14:37| BBC News | Business | UK Edition

Samsung says it expects earnings to rise in the second quarter following the release of its newest Galaxy S6 smartphones.

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Samsung Q1 profit slips despite higher smartphone shipments

2015-04-29 09:12:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said revenues for the first quarter fell to KRW 47.12 trillion from 53.68 trillion the year before, with the operating profit sliding to KRW 18.16 trillion from 21.63 trillion and the net profit going lower to KRW 4.63 trillion from 7.57 trillion. Revenues went down to KRW 10.26 trillion from 11.32 trillion for Consumer Electronics (CE) and to KRW 25.89 trillion from 32.44 trillion at IT & mobile communications (IM). At Display Panel (DS), revenues lifted to KRW 17.10 trillion from 15.56 trillion. Samsung said smartphone shipments increased quarter-on-quarter, led by mid to low end products although its average selling price (ASP) declined. Network revenue declined from Q4 due to decreased investment in LTE network by overseas carriers. Looking forward, Samsung expects smartphone and tablet demand to stagnate in the second quarter due to continued weak seasonality. Profit should improve on the back of increased high-end sales, although marketing expenses will also increase. For the full year, product and marketing competition will increase amid a slowdoan of smartphone growth. Samsung added that demand might weaken due to negative forex effects.

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Samsung Profit Falls on Slowing Smartphone Sales

2015-04-29 02:55:22| Semiconductors - Topix.net

Samsung Electronics Co. reported a 39% drop in net profit Wednesday, marking its fourth straight quarter of declines for the first three months of this year on slowing smartphone sales.

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Samsung Q1 profit falls less than expected

2015-04-07 08:54:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported preliminary revenues of KRW 47 trillion for the first quarter, down from KRW 54 trillion a year earlier. Operating profit fell to KRW 5.9 trillion from KRW 8.5 trillion a year ago. While the company continued to post lower results, the drop in profit was less than expected by analysts polled by Bloomberg. The analyst consensus was for revenues of KRW 50.1 trillion and profit of KRW 5.5 trillion. Samsung will give a full quarterly report later this month. 

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