Friday, October 30, 2015
New Smartphones Shore Up Samsung
Samsung Electronics reported a 8% year-on-year increase in sales in its IT and Mobile Communications division to 26.6 trillion Korean won (23.3 billion US dollars) in the third quarter. However, that figure is well below the 36.6 trillion won in revenues the division generated in the third quarter of 2013.
For the most recent quarter, Samsung reported strong growth in shipments of smartphones driven by new models, including the S6 Edge+, Note5, A8, and J5. But average selling prices were down due to increased sales of mid- to low-end products. source: Samsung presentation
Labels: More mobile equipment
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