Samsung posts record profits as competition from China increases

Danny Palmer
clock • 2 min read

Korean firm warns of more difficult times ahead as Huawei and ZTE both feature among top five vendors

Samsung posted a record net profit of $6.6bn (£4.2bn) in the final quarter of 2012, the firm announced in its Q4 earnings release, but warned of more difficult times to come. It comes one day af...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Microsoft injects $1.5 billion into UAE's G42

Artificial Intelligence

Reported 'behind-the-scenes deals' to ensure G42 removed some Chinese tech

clock 18 April 2024 • 2 min read
Asian Tech Roundup: Samsung's cunning chip rebadging

Chips and Components

Plus: Google reinstates Indian apps after government reacts

clock 08 March 2024 • 4 min read
IT Essentials: Searching for a purpose

Gadgets

Can Apple crack the VR nut?

clock 22 January 2024 • 2 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read