Samsung growth slows in Q3

Friday 4 October 2013 | 09:06 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
Samsung said it expects to report operating profit of KRW 9.9-10.3 trillion and revenues of KRW 58-60 trillion for the third quarter. This represents a slowdown in profit growth to 22.8-27.8 percent year-on-year and revenues up 11-15 percent from a year earlier. The profit is still a record for the company, but annual growth was half the 47.5 percent reported in Q2. The company will provide a full quarterly report at the end of October.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Samsung
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Samsung sees drop in Q4 operating profit

Published 07 Jan 2014 08:38 CET | World
Samsung Electronics said it expects to report an operating profit of KRW 8.1-8.5 trillion for the fourth quarter, down from KRW ...

Samsung profits up on growth in mobile, semiconductors

Published 25 Oct 2013 08:42 CET | World
Samsung Electronics reported revenues from its mobile phone business of KRW 35.20 trillion for the third quarter, up from KRW ...

Groei van Samsung vlakt af in Q3

Published 07 Oct 2013 09:34 CET | World
Samsung verwacht een operationele winst van 9,9 tot 10,3 biljoen Koreaanse won bij een omzet van 58 tot 60 biljoen in het derde ...

Samsung profiteert van opkomende markten

Published 04 Oct 2013 09:33 CET | World
In de presentatie van de voorlopige cijfers over het derde kwartaal laat Samsung weten een omzet te verwachten van 58 tot 60 ...

Samsung revises spending plan

Published 16 Aug 2013 01:42 CET | Korea, Republic of
Samsung will spend KRW 1.5 trillion over ten years to support economic growth in the country. The Samsung Research Foundation ...

Samsung profits up strongly on smartphone growth

Published 26 Jul 2013 08:52 CET | World
Samsung Electronics has reported a strong increase in second-quarter profits, led by its expansion in the mobile market. The ...

Samsung Q2 outlook falls short of expectations

Published 05 Jul 2013 08:36 CET | World
Samsung said it expects to report sales of KRW 56-58 trillion and operating profit of KRW 9.3-9.7 trillion for the second ...

Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
25 Jan Edgeware EGM
25 Jan The Things Conference 2021
::: More Calendar Items