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 Q2 Results, to Raise LCD Production
Jul 16, 2004
 Printable format
 Email this Article
 Search

Samsung Electronics Co. announced that its net profit nearly tripled in the second quarter, but analysts said it failed to meet the expectations of investors, who had hoped for much better numbers.

For the 3 months ending June 30, 2004, the company's net profit increased to 3.13 trillion won (approx. U.S. $2.7 billion) compared with 1.13 trillion won from the same period in 2003. Sales increased a record 52.3 percent year-on-year to 14.98 trillion won. According to Samsung, the increase was due to strong sales of semiconductors and flat-panel screens.

The company also announced that it will soon increase the monthly production of liquid crystal display (LCD) screens.

The company plans to raise the production of its fifth and sixth LCD lines to 120,000 from the current 100,000, and it will also upgrade the production of the first and second LCD lines to 6 million from 4 million, according to officials. (Yonhap)

Back to Daily News

 

Daily News

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

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows