Samsung has posted its last quarter results of 2009. Their reported numbers are pretty close to what they claimed during the earnings guidance, with 39.24 trillion won as consolidated revenues and operating profit of 3.7 trillion won. Year-on-year wise the consolidated revenues saw a 18.9 percent increase while the operating profit swinging into positive after a 740 billion won loss.
The full year revenue stood at 136.29 trillion won with operating profit of 10.92 trillion won and net income of 9.64 trillion won.
Samsung also provided a forecast of what to expect in 2010. They are expecting more business for the semiconductor unit due to increased PC sales and usage of chips in smartphones and LCD TVs.
The LCD panel business is also expected to have good sales for the first quarter of 2010 due to TV manufacturers’ low inventory levels and prospects of new product lines.
Mobile Phones biz is where Samsung is expecting to shine. With over 20 percent market share in 2009, they’re planning to add at least 10 percent more in 2010. Their main focus for this year is on mid- and high-end touchscreen and smartphones.
Finally, its Visual Display and Digital Appliances business is expecting a weak first quarter but a decent one overall. Flat panel TV demand is expected to rise by 20 percent, with LED TV sales estimated at 10m units and 2m units of new 3D TVs.
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