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Wireless

Samsung growth slows in Q3

Friday 4 October 2013 | 09:06 CET | News
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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.

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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