Samsung Q3 Income Up 46 Percent
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Samsung&#39;s net income rose to US$2.34 billion from $1.60 billion last year. Sales gained 27.4 percent to $12.9 billion from $9.
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ADC Telecommunications Inc.  posted a sharp increase in quarterly profit on Wednesday, beating expectations, and gave a forecast that topped current estimates, sending shares 3 percent higher.
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In spite of a slowdown in cell-phone sales, Samsung Electronics Co. still roared to a 46-percent profit compared with the same period last year.
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Samsung Electronics expects profit from mobile devices to pick up next year, despite a rating cut issued by an investment bank. During a presentation at the UBS investor conference in Seoul, Samsung
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Qualcomm Inc  posted an 18 percent rise in quarterly profit and gave an outlook that matched analyst estimates, driving its shares up more than 7 percent on relief the weak U.S. economy was not hurting demand for its mobile phone chips.
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Research in Motionâs fiscal third-quarter profit more than doubled on strong demand for its BlackBerry smart phones and related services by consumers and businesses.
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Samsung Electronics (005930.KS) said on  Tuesday it is targeting a 15 percent rise to 30 trillion won  ($32 billion) in global sales of digital media this year from  2007 through steady growth in TV, printers and computers.
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India's third-largest software company Wipro Ltd. said Friday that its net income for the October-December quarter rose 11 percent from a year ago due to strong outsourcing orders.
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Samsung shares rise 6% despite falling profits as investors focus on upbeat forecasts.
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Falling flat screen prices hit Samsung's quarterly profits.
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Wireless technology company Qualcomm  Inc. QCOM.O on Wednesday posted quarterly earnings that rose  46 percent on strong sales of cell phones using its chips, but  it said current-quarter earnings would fall short of the  average Wall Street forecast.
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South Korean IT giant Samsung posts a huge rise in full year profits and predicts price squeezes will ease, sending its shares up 6%.
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Profits at Dell, the world's number two computer maker, soar 46% helped by lower component costs.
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Mining giant Anglo American is to return $3bn to shareholders after reporting a 46% rise in annual profits.
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The company said its fourth-quarter earnings rose 43 percent, beating estimates, on increased merger advisory fees.
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Samsung Electronics posted a 46 percent gain in earnings, despite a dip in its cell phone and telecom-equipment business. Separately, Sony Ericsson posted a 29 percent year-over-year increase in sales during the third quarter.
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Mobile communications specialist Ericsson reported strong third-quarter earnings on Friday but said it expected only slight growth in mobile networks in the coming months.