The Channel logo

News

By | Anna Leach 8th January 2013 17:17

Bite us, Apple: Samsung hauled in $8.3bn in Q4

South Korean shiny things rival had a fat Christmas

Samsung Electronics has released its pre-earnings guidance ahead of revealing its full figures for 2012, and the topline figures for the quarter show that money has been pouring in for the South Korean tech titans.

Sales for the last three months of 2012 brought in approximately 56 trillion won ($52.7bn) for Samsung with an operating profit of 8.8 trillion won ($8.3bn). That's a healthy rise on last quarter, when Samsung had an operating profit of 8.1 trillion won ($7.6bn) on total revenue of 52 trillion won ($49.9bn).

Christmas is always a fat quarter but it means operating profit has risen $650m in just three months - a 8.64 per cent rise.

It's likely Sammy's Galaxy phone and tablet range have performed strongly, we'll be chewing over the figures when they're out.

Samsung Electronics Ltd is a broad-based business that gathers profits in several sectors. It has two units: one includes general consumer electronics - air conditioners, TVs, fridges, phones, computers and telecoms systems. And the second, Device Solutions unit, comprises component manufacture of storage, semiconductors, LCDs and other LED division. ®

comment icon Read 48 comments on this article alert Send corrections

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Features

money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals
Angus Highland cow
Pet carriers not wanted for whitebox stampede
FBcoldstoragearray
Sorry OpenStack and Open Compute, we're not all Facebook
Gary Kovacs, CEO of AVG. Pic: World Economic Forum
Scammy download sites? Government snooping? Run of the mill for Gary Kovacs