4 ms·
Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their se
by mladenkovacevic 13y ago
Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).
- IBM 13y agoSamsung's profits are up mainly because of chips which makes sense when they're manufacturing Apple's chips (and Apple's iPhone sales are up significantly). Samsung's growth in high-end phone sales is slowing down. http://www.bloomberg.com/news/2013-10-24/samsung-profit-surges-as-cheaper-handsets-team-with-chips.html http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...
- mladenkovacevic 13y agoNo the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.
- IBM 13y agoYes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.