Thursday, October 27, 2011

Samsung Increase Strike By Fragment Arm

Profits at Samsung have depressed 23% as burly expansion in its mobile phone business was overshadowed by a bad opening in the mental recall fragment arm.

The world's number a fragment creator and number two handset definite reported a net distinction of 3.44 trillion won ($3.1bn; 1.9bn) in the July-September quarter.

Handset increase more than doubled to 2.52tn won on burly sales from its Milky Way smartphones.

However, distinction at its fragment business more than halved to 1.59tn won.

Samsung's foundation fragment section has been harm by a universal drop in the prices of P.C. mental recall chips.

Analysts warned that Samsung's fragment section might go on to face difficult times in the partial term.

"I see a few signs that fragment prices have strike bottom as inventories are running out," mentioned Park Hyun, of Tong Yang Securities.

"However, you do not nonetheless know when the attention is going to collect up given macroeconomic uncertainties obscure the urge outlook," he added.

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