Samsung’s numbers rescued by mobile
Mobile-ent writes….Samsung sold 34.8 million handsets in the first quarter of 2007 and remains on course to exceed this year’s 133 million target.
Mobile came to the rescue of Samsung, which reported overall quarterly net income down 15 per cent to 1.6 trillion won from 1.88 trillion won a year earlier. The main reason for the fall was declining revenue from the company’s microprocessor division.
Indeed, mobile overtook chips as Samsung’s largest generator of profit and sales during the quarter. Profit from mobile rose 29 per cent to 600 billion won, while revenue rose 0.2 percent to 4.6 trillion won.
Samsung is the world’s third-largest handset manufacturer behind Nokia and Motorola.
