Strong from Samsung - IT.Branschen

class=”articleStory resultat”> RESULT Samsung Electronics makes profit for the sixth quarter in a row, thanks to the sharp increase in mobile phone sales.

Samsung reports continued growth, thanks to increased sales of smart phones including the Galaxy S3 and Note second Earnings increased 41 percent to 7.15 trillion, equivalent to about 6.4 billion dollars. Sales amounted to 52.9 trillion won, compared with 45.3 trillion won in the same period last year. Both profit and revenue was in line with Samsung’s expectations.

Class=”paragraphIntro”> IT and mobile division sales rose 7 percent, as a result of rising smart telephone. Samsung took the opportunity to downplay expectations for the mobile division during the second quarter, as a result of intensifying

competition in smartphones.

– We are facing tougher competition in mobile market due to increasing sales of cheaper smartphones, said Samsung spokesman Robert Yi in a statement to the Financial Statements.

company forecasts revenues from handset sales remain the same level in the second quarter, but that sales will rise by mid-year.

figures released in the same time as Samsung releases a new version of its flagship mobile Galaxy S4, first in South Korea and then worldwide. Samsung is now warning of delivery problems, when the company’s production capacity is unlikely to meet the high demand.

Samsung’s semiconductor division, which also includes storage units, sales decreased by 11 percent . Demand decreases primarily DRAMs for PCs, while it takes a quick boost to DRAMs for tiles and smartphones.