“Thanks to Galaxy SⅢ” ∙∙∙ Samsung Open ‘50Trillion-8Trillion won Era’

Samsung Electronics made the best results in the third quarter and recorded 50Trillion won in quarterly sales and 8Trillion won in operating profit.

Samsung Electronics announced that it estimated 52 trillion won in sales and 8.1 trillion won in operating profit. It is about 90 billion won profit per day and 3.7 billion won per an hour. This amount of money is rated beyond the expectation of securities business. If Samsung Electronics continues to rise till the end of this year, it seems that earning 200 trillion won in a year is possible. The biggest reason how Samsung made the fine accomplishment is that it had sold over 20 million Galaxy S3s only during Q3. Among all spheres, Information Technology (IT) and Instant Messaging (IM) contributed the most. Other areas including semiconductor enterprise have maintained the similar amount of the earlier quarter or risen a little.

 

 

Despite the fact that Samsung made a great achievement, there are worries that it cannot assure the success in Q4. Some stock experts say that the smart phone market will be too competitive because of release of I-phone5 and a continuous economic depression will make it hard for Samsung to increase its sales. Its profit has not even reached 70 percent of Apple’s profit. One of the staff of Samsung Electronics said that “There remains a long road ahead,” and “if Samsung wants to grow more even when smart-phone business is beaten, there has to be a competent outcome in appliance field.”

 

Original Article:

http://news.donga.com/3/all/20121006/49892260/1

Related Article:
http://www.hani.co.kr/arti/economy/economy_general/554554.html
http://koreajoongangdaily.joinsmsn.com/news/article/article.aspx?aid=2960391