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Sunday, 27 October 2013

Samsung is earning the golden coins these days,profit has risen up to 26%

In the months from July to September,Samsung has shown a remarkably top profit graph which is about 8.24 trillion won($7.6bn; £4.7bn) which was 6.56 trillion an year earlier than this.

Earning 26% Samsung

This may shoot up to 10.2 trillion won during this year's quarter.There has been some reports which said that the tremendous sale graph of high quality Smartphones  has retained the Samsung's glory. Samsung has been a successful firm since past 7 years and has been competing with its rivals.Due to its top-end and lower-end manufacturing of Smartphones and devices,it has been giving Apple a tough competition,Apple which only works for top-end Smartphones.

Samsung Earnings

Samsung has now become the world's biggest Smartphone maker.But there's a question in the minds of individuals that whether the Samsung will remain sustainable and will be able to keep the same pace as it is,because there's so much saturation in the market.

"Samsung has done well,having rapidly caught up with the Apple in the smartphone market.But I'm concerned whether Samsung would be able to do better" - Kim Sung Soo, fund manager at LS Asset Management.

Samsung's fast growth is also because of the manufacturing of heavy semi-conductors(chips) which raised the profit up to 2.1 trillion.Its almost the double than the previous year.Its manufacturing business is really in demand by the rivals itself,Apple but Samsung said that it expects the unit to bounce back as they are no longer much in demand in China and Europe.


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Item Reviewed: Samsung is earning the golden coins these days,profit has risen up to 26% Description: Rating: 5 Reviewed By: ag3nt 33
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