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Subject Samsung reports a record revenue, sees increased OLED panel sales
Name Administrator Date 2013.10.30 Click 1033

Samsung posted their quarterly results for Q3 2013 - a record operation profit of $9.6 billion from sales of $55 billion. Net profit was over $7.7 billion. Smartphone sales growth is slowing, but Samsung`s business was boosted by memory chip profits and cheaper smartphone sales (what they call mass-market products).

Regarding OLEDs, the company says that high end smartphone OLED panel sales increased. This includes newer products such as the Note 3. For Q4 2013, the company plans to enhance OLED market leadership by "improving differentiated product offerings such as 5.7” FHD (Glass & Curved)".

(Source: OLED-Info.com)

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