Samsung profits up on growth in mobile, semiconductors

Friday 25 October 2013 | 08:42 CET | News
Samsung Electronics reported revenues from its mobile phone business of KRW 35.20 trillion for the third quarter, up from KRW 28.40 trillion a year earlier. Revenues rose 2 percent compared to Q2, and Samsung said it increased shipments on a quarterly basis thanks to higher shipments of mass market devices and stable smartphone sales. Overall the smartphone/tablet market grew in high single digits, thanks to new device launches, Samsung said. Its own tablet shipments were up sharply thanks to the Tab 3 series launch, although the company did not provide any unit figures. A greater focus on

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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