Friday, October 9, 2009

Samsung recorded earnings growth

Sasung Electronics has announced the beginning of week preliminary results when it comes to their financial results for the third quarter and operating profit recorded a big jump compared with the same quarter last year. The world's largest producer of memory chips and LCD panels, according to their consolidated sales in the third quarter was approximately $ 30.8 billion. Samsung plans to its financial results fully published later this month. The company so far did not give any details, but many analysts assumed that a significant portion of revenue generated due to increase in price for memory chips and LCD screens.

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