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Samsung net profit falls 27% on smartphone slowdown

Thursday 29 Jan 2015 | 08:15 CET | News
Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The ...

Samsung net profit falls 27% on smartphone slowdown

Thursday 29 Jan 2015 | 08:15 CET | News Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The ...

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Sky to launch MVNO in 2016, partners with O2

29 Jan 2015 12:43 CET | United Kingdom
BSkyB has confirmed plans to enter the mobile services market with a wholesale deal on the O2 UK network. Sky signed a multi-year ...

Apple matches Samsung smartphone market share in Q4

29 Jan 2015 09:42 CET | World
The global mobile phone market grew 7 percent year-on-year in the fourth quarter of 2014 to a total 515 million units shipped, ...

Qualcomm lowers outlook on order woes, competition in China

29 Jan 2015 09:16 CET | World
Qualcomm said revenues for its fiscal first quarter to 28 December rose 7 percent from the year earlier to USD 7.1 billion, with ...

LG grows smartphone shipments 18% in Q4

29 Jan 2015 08:29 CET | World
LG Electronics announced a net loss of KRW 205.7 billion (USD 189.4 million) for the fourth quarter, hurt by a write-off for the ...

TeliaSonera revenues slow in Q4 on weak Eurasian markets

29 Jan 2015 08:19 CET | Scandinavia
TeliaSonera reported fourth-quarter organic sales down 2.2 percent, hurt by weak economic conditions in its markets in Eurasia. ...
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