All posts tagged "profit"

  • The headquarters of Samsung Group in Seocho-dong, Seoul
    Samsung’s 3Q profit surges thanks to components, weak won

    SEOUL, South Korea (AP) — Samsung Electronics said Wednesday that its third-quarter operating profit was up 80 percent from over a year earlier, a forecast-beating result likely stemming from strong sales of electronics components and a weakness...

    • Posted October 6, 2015
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  • A woman walks by the advertisement of Samsung's Galaxy S6 smartphone outside its showroom in Seoul, South Korea, Wednesday, April 29, 2015. Samsung Electronics Co. said its first-quarter net income plunged 39 percent as consumers switched to bigger iPhones, squeezing its profit from the mobile business to less than half from a year earlier. (AP Photo/Lee Jin-man)
    With disappointing S6 sales, Samsung predicts fall in profits

    SEOUL, South Korea (AP) — Samsung Electronics Co. forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 smartphones failed to meet expectations. Samsung on Tuesday estimated its second...

    • Posted July 7, 2015
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  • (Courtesy of Kia Motors)
    Kia Motor’s 2014 net profit drops 21.6 pct despite higher sales

    SEOUL (Yonhap) — Kia Motors Corp., South Korea’s second-largest automaker, said Friday its net profit dropped 21.6 percent on-year in 2014 as profitability worsened from the strong won and unfavorable business conditions in global markets. Net income...

    • Posted January 23, 2015
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  • (Courtesy of Samsung)
    Samsung Electronics heads for first annual profit decline in 3 years

    SEOUL (Yonhap) — Samsung Electronics Co., the world’s top maker of smartphones and memory chips, is headed for the first annual profit fall in three years, dragged down by weak smartphone sales amid intensifying competition with global...

    • Posted January 8, 2015
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  • Naver followed suit after Daum Kakao announced an active protest against government requests to view its message database.
    Naver’s operating profit jumps 88%

    By Yoon Sung-won Naver, the nation’s largest Internet service provider, said Thursday its operating profit in the third quarter jumped 88 percent from a year ago on the back of strong sales growth in overseas markets. Its...

    • Posted October 30, 2014
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  • Dennis Hong, a U.S. robotics professor considered one of the most promising researchers in the field, said Oct. 28, 2014 South Korean tech firms still have a bright future despite their recent lackluster earnings as the country gains a stronger voice in the industry. (Yonhap)
    UCLA professor assures strength in S. Korean tech despite falling profits

    BUSAN (Yonhap) — Dennis Hong, a U.S. robotics professor considered one of the most promising researchers in the field, said Tuesday South Korean tech firms still have a bright future despite their recent lackluster earnings as the...

    • Posted October 28, 2014
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