Samsung Electronics summed up in 2008
Followed by other major manufacturers Samsung Electronics Company has published its financial results for the fourth quarter of 2008. Net loss for the period amounted to 20 billion won (14.38 million dollars) while revenues 18.45 trillion won (U.S. $ 13.26 billion). At the end of 2008, total revenues amounted to Samsung 72.95 trillion won (U.S. $ 52.45 billion), operating profit - 4.13 trillion won (2.97 billion dollars) and net profit of 5.53 trillion won (3.98 billion U.S. $).
On the performance of the IV quarter impacted record sales of mobile phones, as well as the conclusion to the SSD-market solutions for notebook and server solutions in the semiconductor division.
We will not focus on other areas of business Samsung, drew attention to the results of the production of mobile phones. Telecom unit Samsung demonstrated in IV quarter revenue 7.73 trillion won (5.56 billion dollars), operating profit remained at 0.16 trillion won (U.S. $ 115.02 million), operating profit of 0.17 trillion won (122.23 million dollars). The global market for mobile phones fell IV quarter by 5% as compared to III quarter. But in annual terms, it rose by 14%.
Expected that the telecom division of Samsung will maintain the high rates, and in 2009, despite a slowdown in the market, projected in the I quarter. The company will strengthen its position in emerging markets at the expense of low-price category of devices, the branch will improve profitability through the optimization of operating efficiency and marketing costs. Samsung plans in 2009 to renew a line of expensive phones with tach-skrinom and smartphones, and looks forward to expanding cooperation projects with operators.
On the performance of the IV quarter impacted record sales of mobile phones, as well as the conclusion to the SSD-market solutions for notebook and server solutions in the semiconductor division.
We will not focus on other areas of business Samsung, drew attention to the results of the production of mobile phones. Telecom unit Samsung demonstrated in IV quarter revenue 7.73 trillion won (5.56 billion dollars), operating profit remained at 0.16 trillion won (U.S. $ 115.02 million), operating profit of 0.17 trillion won (122.23 million dollars). The global market for mobile phones fell IV quarter by 5% as compared to III quarter. But in annual terms, it rose by 14%.
Expected that the telecom division of Samsung will maintain the high rates, and in 2009, despite a slowdown in the market, projected in the I quarter. The company will strengthen its position in emerging markets at the expense of low-price category of devices, the branch will improve profitability through the optimization of operating efficiency and marketing costs. Samsung plans in 2009 to renew a line of expensive phones with tach-skrinom and smartphones, and looks forward to expanding cooperation projects with operators.
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