28.10.2011 05:35 Uhr, Quelle: MacNN

Samsung profit down 23% in summer despite smartphone rush

Samsung's finalized summer results late Thursday showed that its net profit had dropped 23 percent from year-to-year as its chip and display groups offset its smartphone success. Its summer quarter made it a relatively modest $3.1 billion, which was also down slightly from the spring. It had been dragged down mostly by slow sales of TVs and traditional computers, which led the display division to lose money, as well as a chip business for mobile processors and memory that had its own profit cut in half to $1.42 billion.

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