(Our Tech Blog) Although successful in increasing sales of cell phone up to 43 percent, South Korean electronics giant Samsung Electronics have to close the second quarter with declining profits.
Throughout the second quarter ended June 30, Samsung has recorded total revenue of 39.44 trillion won (USD37, 4 billion), up 4 percent over the same period last year.
Excerpted from the okezone, unfortunately, in the second quarter corporate profits, which totaled 3.51 trillion won ($ 3, 3 billion), have declined by 18 percent from 2010. Reuters reported on Saturday (30/07/2011).
Samsung's handset business unit is helping the company increase revenue in quarter two. They claim cell phone sales up 43 percent over a year "thanks to the many requests
Yes, the Galaxy II, which was released in Asia late last April was a phenomenal record sales. Only in the past 85 days since released to the market, Galaxy II was recorded sales to five million units.
Based on data from research firm Strategy Analytics, Samsung is now the world number two smartphone vendor after Apple, shifting the position of Nokia fell to third. That's thanks to handset sales to reach 74 million units, in which 19 of which are smartphones.
But Samsung's success in its mobile business unit does not occur in other business units, following a low level of demand for chips and televisions. A few days ago, Sony Corp. and Panasonic also claim that TV sales were declining significantly.