Samsung sees higher mobile profit
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Korean mobile maker Samsung says it expects profits to grow in 2005, but brokers warn that harsh competition could mean narrower margins.
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Qualcomm Inc. on Friday raised its quarterly profit forecast due to strong demand for its mobile phone technology. The San Diego company said it expects earnings per
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Samsung Electronics  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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Samsung Electronics (005930.KS), the  world&#39;s top memory chip maker, reported a smaller-than-expected  5 percent drop in quarterly profit on Friday after a steep fall  in computer memory chip prices overshadowed improvements in  flat screens.
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Samsung Electronics  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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Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales.
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Samsung Electronics Co. Ltd.'s  third-quarter operating profit has fallen around 10 percent  short of market forecasts due to weak sales of flat screens, a  source familiar with the company's business said on Friday.
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Qualcomm Inc. on Friday raised its  quarterly profit forecast due to strong demand for its mobile  phone technology.
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Nextel Communications Inc., the sixth largest US mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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Sony Ericsson, the world&#39;s fourth  biggest mobile phone maker, posted higher second-quarter profit  on Wednesday as sales rose on increased demand for its phones.
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Hyundai Motor Co , South Korea's top auto maker, posted a better-than-expected 45 percent rise in quarterly profit Thursday, helped by higher productivity due to better union relations and improved domestic sales.
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South Korea&#39;s LG Electronics Inc.  (066570.KS) swung to a profit in the second quarter as a  turnaround in its LCD venture and strong mobile phone sales  outweighed heavy losses in its plasma display business.
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LG Electronics Inc., South Korea&#39;s biggest maker of home appliances, said Tuesday its third-quarter net profits rose more than 30 percent on brisk sales of mobile phones.
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Ericsson AB, the biggest maker of mobile-phone networks, reported a fourth straight quarterly profit, helped by cost cuts and equipment demand.
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Concern over falling profit margins at Samsung Electronics Co. Ltd. grew on Thursday as the company said it was spending more on handset marketing and a top broker issued a ``sell&#39;&#39; rating on its stock for the first time in years.
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Samsung Electronics Co. Ltd.'s third-quarter operating profit has fallen around 10 percent short of market forecasts due to weak sales of flat screens, a source familiar with the company's business said on Friday.