Friday, April 26, 2013

Samsung profit soars with the Galaxy S4 and bet ... - Expansión.com

Atahualpa Amerise

SEOUL, April 26 (Thomson Financial.) – Samsung Electronics net profit soared 41.5 percent year on year in the first quarter of 2013, while preparing to continue leading the market for “smartphones” and give a final blow with the new Galaxy S4.

His predecessor, the Galaxy S3, which for months competes closely with the U.S. iPhone 5 of Apple, has been the flagship product with the Samsung has reaffirmed its relentless expansion, according to results released today by the firm in Seoul.

South Korean electronics giant, the world leader in sales of “smartphones”, recorded January-March net profit of about 4,950 million euros, compared with 3,500 million euros in the first quarter of 2012.

addition, operating profit rose by 54.3 percent on-year to 6,080 million euros and sales grew 16.8 percent to accumulate about 36,600 million euros, data confirming approximate estimates that the company made earlier this month.

sales and technology division of Samsung mobile communications increased 46 percent year on year to 22,720 million euros, while operating profit in this sector soared 56 percent to a record 4.500 million.

The figure, which accounts for over three quarters of the total operating profit of the company in the first quarter, is attributed to the high demand of the successful tablet Galaxy Note 2 and, especially, the “smartphone” has stood up to iPhone 5 from South Korea: the Galaxy S3.

This model was crowned last month as the smartphone with Android operating system bestselling history after market worldwide a total of 50 million units.

aesthetic very similar to S3, S4 Galaxy with which Samsung hopes to beat the astronomical mark his predecessor went on sale today from a great excitement in the South Korean market, where thousands of people crowded in front of the main outlets to purchase the new terminal.

With a five-inch HD screen, quad-core processor and advanced detection technologies in the two chambers, the Galaxy S4 will come between tomorrow and next week to most markets eventually cover a total of 155 countries .

Samsung said in his statement today that the ongoing worldwide expansion of the fourth-generation LTE networks, technology available on both the S3 and the S4 will be a key factor when it comes to boost sales of its new device.

However, citing the difficult conditions presented by the current stage, marked by the global economic downturn or increased competition, but promised to “strive to remain competitive by expanding the range of smartphones and tablets” .

With this, Samsung Electronics not only alluded to the imminent global launch of its flagship product, the Galaxy S4, but also the new tablet Galaxy Note 8.0.

last device went on sale in April in several countries in order to repeat the success of its predecessor, the Galaxy Note 2 and continue to compete against Apple iPad 4, which is expected in summer or autumn successor experts say.

In this regard, Samsung Electronics stated its intention to “increase spending on R & D” to strengthen its competitiveness, “with the planned launch of new products” in the words of Robert Yi, vice president and director of investor relations the company.

On the other hand, the South Korean firm seems to have struck in emerging markets, in which “a growing demand for consumer electronics products,” he said, which also has been a key factor when adding benefits in economic crisis among advanced countries. MarketWatch

aaf / jpf / ltm

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