www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Samsung profit tops estimates on S7

(China Daily) Updated: 2016-07-29 07:11

Samsung profit tops estimates on S7

Visitors test Samsung Galaxy S7 edge smartphones at its showroom in Seoul. [Photo/Agencies]

Samsung Electronics Co reported second-quarter profit that beat analysts' estimates, fueled by stronger sales of Galaxy S7 smartphones and aggressive cost cuts.

Net income, excluding minority interests, was 5.83 trillion won ($5.1 billion) in the period, the Suwon, South Korea-based company said in a filing on Thursday.

That compared with the 5.64 trillion won average of estimates compiled by Bloomberg. The company also announced a 1.79 trillion won share buyback, the final stage of a plan announced last year.

Samsung has benefited from sluggish sales of iPhones as US wireless carriers promoted the Galaxy S7 for high-end consumers, helping reduce marketing expenses. That could change in the second half as the company faces new models from Apple Inc.

Lower prices for semiconductors and displays have also helped sales of the company's other consumer electronics.

"The smartphone and TV divisions led the earnings surprise for the quarter," said Greg Roh, an analyst at HMC Investment Securities in Seoul.

"Samsung did well in the first half, but it's a matter of how well it could defend itself from the overall downside risks in the second half."

Shares of Samsung fell 1.3 percent to 1,507,000 won at the close of trade. The stock has gained 20 percent this year after three straight annual declines.

"We will be implementing very active marketing activities in the second half to drive up actual purchases and through this, we plan to continue to maintain overall sales of our premium handsets," Lee Kyeong-tae, vice-president of the mobile communications business, told a conference call.

Samsung will unveil its next-generation Note device with larger displays on Aug 2 in New York, Brazil and in London, the company said. While the company is finalizing its capital spending plans, it expects a slight increase from the year earlier.

Revenue was 50.9 trillion won in the second quarter, slightly higher than the 50 trillion won of its July 7 preliminary earnings announcement.

Samsung's earnings came the same day that June quarter data on the global market were released, showing the fastest growth coming from Chinese vendors. Samsung maintained its global leadership and shipped 3.4 percent more smartphones, while those at fourth-ranked Oppo Electronics Corp more than doubled and fifth-placed vivo Mobile Communication Technology Co Ltd jumped 62 percent, according to data from Counterpoint Research.

Research company Canalys said the worldwide smartphone market grew modestly in the second quarter after a disappointing first quarter.

Global shipments reached over 330 million units, with Samsung leading the market with shipments around 80 million units.

It said Apple shipped 40 million iPhones in the quarter, a second consecutive annual decline in shipments. In third place, Huawei Technologies Co's shipments increased to 31 million on the back of record shipments in China and continued growth in Europe, the Middle East and Africa.

Bloomberg

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产成人综合亚洲一区 | 欧美成人欧美激情欧美风情 | 欧美高清在线视频一区二区 | 成人在线视频免费 | 女人被男人躁得好爽免费文 | 亚洲精品一区二三区在线观看 | 欧美一级黄视频 | 国产成人在线免费观看 | 欧美一级看片免费观看视频在线 | 亚洲第一网站免费视频 | 日本乱人伦片中文三区 | 久久青草免费免费91线频观看 | 国产精品情侣久久婷婷文字 | 国产精品欧美亚洲日本综合 | 狠狠色综合久久丁香婷婷 | 日韩久操| 久久天天躁综合夜夜黑人鲁色 | 亚州一二区 | 欧美成人交tv免费观看 | 成年免费在线观看 | 一级一黄在线观看视频免费 | 扒开两腿猛进入爽爽视频 | 国产成人午夜福在线观看 | 亚洲伊人色综合网站小说 | 国产一级毛片国语版 | 洋老外米糕国产一区二区 | 免费观看一级欧美大 | 在线观看欧美亚洲日本专区 | 亚洲精品久久久久中文字幕一区 | 九九九热在线精品免费全部 | 国产手机精品视频 | 秋霞手机入口二日韩区 | 久久久久久亚洲精品中文字幕 | 欧美片能看的一级毛片 | 九九视频在线观看 | www.亚洲成人 | 国产99视频精品免视看7 | 日韩精品亚洲专区在线观看 | 日韩精品免费一区二区三区 | 女人张开腿让男人捅的视频 | 久草在线2|