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Apple Inc. (NASDAQ:AAPL)'s Solid Punch To Samsung Electronics Co...
2014-10-07 19:44:22| Electronics - Topix.net
Samsung Electronics Co Ltd has forecasted poor results for its third quarter with analysts cutting down the company's year on year operating profits by around 60%. Increasing competition from Apple Inc. and other Chinese smartphone makers has plagued the company's sales.
Tags: electronics
solid
samsung
apple
Samsung Stumbles Amidst Pressure From Apple, iPhone 6
2014-10-07 17:37:07| PC Magazine Cell Phones Product Guide
As it battles Apple's iPhone 6 lineup, Samsung is prepping for its first annual earnings drop since 2011.
Tags: pressure
samsung
apple
iphone
Samsung Q3 revenues, profit hit hard by competition
2014-10-07 09:11:00| Telecompaper Headlines
(Telecompaper) Samsung said it expects third quarter revenues to go lower than expected and reach KRW 46-48 trillion and the operating profit KRW 3.9-4.3 trillion, substantially lower than in the second quarter. Samsung attributed the weaker results to declines in the mobile business and intensified smartphone competition, as well as weak seasonal demand for the CE business, including TVs. To secure growth in the mid to long-term, Samsung is preparing new smartphone lineups, with new materials and innovative designs, as well as a series of new mid- to low-end smartphones with strong competitive positioning on both hardware specifications and price. For the fourth quarter, Samsung said it cautiously expects increased shipments of new smartphones and strong seasonal demand for TV products. Uncertainty at the IM business (internet and mobile communications) will continue however into the fourth quarter. In the third quarter, smartphone shipments increased only marginally amid the intense competition, the company said. The operating margin meanwhile fell on the back of higher marketing expenses, related to aggressive promotions and lowered Average Selling Price (ASP). The lower ASP was driven by reduced shipments of high-end models, coupled with price decrease for older smartphone models. The CE business saw revenues fall while at the Memory Business, revenues improved, led by continued strong seasonal demand momentum, including PCs and servers, price stabilisation under tight market supply and demand conditions, and cost reduction thanks to improved process migration. Revenues at the S.LSI and Display Panel Businesses were pulled down by the weaker demand for mobile products.
Samsung expects lowest profit in over 3 years
2014-10-07 04:16:39| Semiconductors - Topix.net
Samsung Electronics Co. said Tuesday its third-quarter operating profit is estimated to have fallen to the lowest level in more than three years, as Galaxy handsets sales slow.
Tags: years
lowest
samsung
profit
New Samsung Galaxy Tab S Tablet With LTE-A Support Pegged For October/November Release
2014-10-07 04:16:38| Semiconductors - Topix.net
Galaxy Tab S series of tablets were released in July. Now there is a new LTE-A variant reportedly in the offing.
Tags: support
release
samsung
tab
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