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Friday, April 30, 2010

Samsung publishes Q1 figures

Samsung Electronics says its quarterly profit is almost seven times higher than it was a year ago. Figures released today show a record quarterly high, hitting 3.99 trillion Won (£2.35 billion) – up from 582 billion Won in Q1 2009. Quarterly sales were up 21% year-on-year.

In the mobile business, Samsung sold 64.3 million devices in the first quarter, up 40% from the first quarter of 2009 – and it's predicted increased demand for the second quarter of 2010.

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Author: The Fonecast
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Tags: samsung

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