Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Samsung Reports Record Results to Shareholders
Mar 22, 2011
 Printable format
 Email this Article
 Search

Appliances and consumer electronics OEM Samsung Electronics Co. told attendees at its 42nd annual shareholders meeting that 2010 revenue was at an all-time high of 154.63 trillion won, up 13% from the previous year. Consolidated net income also reached a record high of 16.15 trillion won.

“Even amid continuing effects of the global financial crisis, Samsung was last year able to achieve its highest sales and net income since our establishment in 1969,” said Geesung Choi, vice chairman and CEO of Samsung Electronics. “2010 was a year in which we came out on top in the electronics industry and strengthened our position as a leading global company.”

Mr. Choi said, however, that 2011 will be a challenging year for electronics companies, as intensifying competition continues to put pressure on profit margins.

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows