Feeds

Samsung Electronics enjoys Q1 profit jump

In spite of memory slide

  • alert
  • submit to reddit

Samsung Electronics has shown it's handling the memory price slide by posting net profits of 1.24 trillion won ($940 million) for the first quarter of 2001.

Sales for the period were 8.6 trillion won ($6.54 billion), down 5.5 per cent from the 9.1 trillion won ($6.92 billion) for the last three months of 2000. Net profits for that quarter were 1.16 trillion won ($880 million).

Samsung's chip business accounted for 35 per cent of its sales for the quarter at 3.0 trillion won ($2.28 billion). This was down nine per cent from the previous quarter. Two thirds of this was memory sales. But the company made a 1.2 trillion won ($910 million) cut in capital expenditure, solely from the semiconductor business.

Samsung's TFT LCD sales hit 500 billion won ($380 million). ®

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.