Samsung has reported its fourth quarter earnings, and as expected its handset business is doing well. Samsung sold 46.3 million handsets in Q4, an increase of 41 percent year-on-year. For the full year sales were 161 million, an increase of 42 percent year-on-year. Of these handsets 7.3 million were 3G, up from 5.5 million 3G handsets sold in the third quarter. This accounted for 5.07 trillion won (US$5.4 billion) in sales, a 5.6 increase sequentially. Full year sales were 18.37 trillion won (US$19.57 billion), a 6.8 percent increase year-on-year. The average selling price for the handsets fell from $151 to $148, and operating profit for Samsung’s telecom division (mostly handsets) fell 1 percent sequentially in Q4 to 0.58 trillion won (US$618 million), but for the full year increased 22 percent to 2.12 trillion won (US$2.26 billion). (Earnings PDF.)
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_a9757bd6edc6d7e92b9be52d6e373460","wijax_f73e3f9281a66b1226fe0c989a3630db"]
{"source":"https:\/\/gigaom.com\/2008\/01\/15\/419-earnings-samsung-ships-41-percent-more-handsets-in-q4\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_36448eff3b8bf51f8731853758ae42f0","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2008\/01\/15\/419-earnings-samsung-ships-41-percent-more-handsets-in-q4\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_36448eff3b8bf51f8731853758ae42f0","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post