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Samsung Elec says earnings growth to continue in 2010

Updated:2010/1/29 09:31

South Korea's Samsung Electronics (005930.KS) said on Friday positive earnings growth would continue in 2010, driven by the global economic recovery.

Samsung, which invested 8.1 trillion won ($7.0 billion) in capex last year, said it would spend more than 5.5 trillion won in memory chips and 3 trillion won in its liquid crystal display (LCD) business this year.

                                                                                                                                                             (in trillions of won)            

Q4 2009

Q3 2009 

Q4 2008

 NET PROFIT*

3.05

 3.72

 -0.02

OPERATING PROFIT

 3.70

4.23 

 -0.74

Semiconductors

 1.70

1.15

 -0.69

LCD 

0.53

1.01 

 -0.24

Telecommunications

0.99

 1.03

0.14

Digital media** 

0.47

0.94

 0.10

REVENUE

39.24

 35.87

33.00

Semiconductors

8.02

7.46

5.35

 LCD

6.34

6.73

 5.24

Telecommunications  

11.57 

10.71

10.32

Digital media

14.68

12.37

12.62

Note: Samsung Electronics Co Ltd (005930.KS) of South Korea is the world's top maker of memory chips and large-sized liquid crystal display (LCD) panels. It is also the world's second-largest mobile phone maker.

source:reuters

 Source:source:reuters
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