Samsung has just published results of its last quarter for 2010 that ended on Dec 31. According to the latest figures, Samsung recorded revenues of 41.87 trillion won on a consolidated basis, a 7 percent increase YoY, 3.42 trillion won of net income which is a 13 percent rise YoY and consolidated operating profit of 3.01 trillion won.
If we consider the full 2010, Samsung’s revenue reached an all-time high of 154.63 trillion won with a net income of 16.15 trillion won and operating profit of 17.30 trillion won.
Smartphones and memory semiconductors were the major contributors to this quarter’s revenue and have confirmed to increase the overall capital expenditure to 23 trillion won.
Samsung’s semiconductor business recorded a consolidated operating profit of 1.80 trillion won in Q4 on revenues of 9.25 trillion won, a 16-percent increase year-on-year. For the full year, the semiconductor business registered 10.11 trillion won in operating profit on revenue of 37.64 trillion won.
The LCD biz recording an operating profit of 0.10 trillion won on revenue of 7.20 trillion won whereas FY 2010 saw revenues of 29.92 trillion won with operating profit of 1.99 trillion won. As for unit sales, it increased by 10 percent quarter-on-quarter, thanks to the shipment of LCD panels for tablet PCs.
Samsung’s telecommunications business posted a record quarterly profit of 1.44 trillion won with revenues reaching 12.11 trillion won. Full year total of telecommunications business saw operating profit of 4.30 trillion won on sales of 41.20 trillion won.
Samsung sold a whopping 80.7m phones in this quarter that takes the yearly figure to 280 million units, registering 23 percent growth.
Finally, Samsung’s Digital Media business that comprises of Visual Display, Digital Appliances, IT Solutions, and Digital Imaging posted quarterly revenues of 15.97 trillion won. However, this biz recorded a loss of 0.17 trillion won despite seeing good demand in TV and IT products. For FY 2010, the combined revenue of this business totaled to 57.26 trillion and operating profit of 0.49 trillion won.
As for sales figures, Samsung shipped 12.72 million flat panel TVs, which is a 40 percent rise from the previous quarter and 17 percent year-on-year. Samsung is also upbeat about the adoption of LED TVs which is expected to reach 51 percent in 2011 in the overall LCD segment.