Samsung estimates operating profit up to $9.6 billion trillion in third quarter
Developer on Alibaba Coud: Build your first app with APIs, SDKs, and tutorials on the Alibaba Cloud. Read more ＞
Sina Science and technology news Beijing time October 4 Morning information Samsung Electronics Friday expects third-quarter profits to hit record highs, but growth has slowed as the smartphone market becomes more saturated. Samsung Electronics said in Friday that its operating profit for the quarter ended September 30 would be between 9.9 and 10.3 trillion won (9.2 billion to 9.6 billion U.S. dollars), up 22.8% to 27.8% per cent year-on-year. The company's two-quarter operating profit was 9.5 trillion won, a year-on-year growth of 47.5%. The company expects sales in the three quarter to be 58 to 60 trillion won, up 11% to 15% year-on-year. Analysts expect the company's three-quarter smartphone shipments to be in 8500 to 89 million. Samsung captured 33.1% of the world's market share in the third quarter, according to Strategy Analytics, the Research institute, accounting for 13.6% of Apple's (483.41,-6.15,-1.26%) companies. Samsung Electronics will announce its results by the end of October, with detailed figures on mobile devices, consumer electronics, chips and displays. (Ming)
This article is an English version of an article which is originally in the Chinese language on aliyun.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or
reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or
complaint, to firstname.lastname@example.org. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
and provide relevant evidence. A staff member will contact you within 5 working days.