{"id":13201,"date":"2011-10-07T15:16:00","date_gmt":"2011-10-07T15:16:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/samsung-earnings-to-go-below-expectations\/13199\/"},"modified":"2011-10-07T15:16:00","modified_gmt":"2011-10-07T15:16:00","slug":"samsung-earnings-to-go-below-expectations","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/samsung-earnings-to-go-below-expectations\/13201\/","title":{"rendered":"Samsung Earnings To Go Below Expectations"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3938\" src=\"https:\/\/storage.googleapis.com\/smw-news-wp\/2011\/01\/6.jpg\" alt=\"SAMSUNG\" width=\"118\" height=\"111\">Samsung Electronics Co. is expecting weaker earnings in the third quarter of the year, as the demands for Samsung\u2019s computer chips and flat panels have decreased.<\/p>\n<p><span id=\"more-13201\"><\/span>However the fast selling smartphone\u2019s may help the company in overcoming the slower sales of other wares.\u00a0 Samsung is currently facing tough competition from Apple Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AAPL\">NASDAQ:AAPL<\/a>) globally in the smart phone and tablet market, where both the companies are looking forward to obstruct sales of each others\u2019 tablet computers and Smartphone\u2019s.<\/p>\n<p>Apple is seeking to win a temporary sales ban on Samsung\u2019s Galaxy Tab in Australia and the verdict is expected early next week, hearings are also scheduled in Netherlands and U.S. regarding the copyright and patent infringements.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>The South Korean based tech giant said it expects third quarter profits to be between a scale of 4.0 trillion won (around $3.4 billion) and 4.4 trillion won. In the third quarter last year, Samsung displayed an operating profit of 4.87 trillion won. Samsung estimates sales amid 40 trillion won ($33.6 billion) and 42 trillion won, compared to 40.25 trillion won earned in the earlier quarter of the year.<\/p>\n<p>Although Samsung did not elaborate on its profits neither did it give a break up of earnings made from each division, according to analysts the liquid-crystal display (LCD) business provided a healthy pull amid weak financial growth in Europe and the U.S.<\/p>\n<p>Samsung\u2019s semi conductor business which has been providing large profits to the company in the past years is expected to have decreased due to a weak demand for Samsung\u2019s memory chips. Kwon Oh-hyun, Samsung\u2019s component division chief, said the company\u2019s chip industry is not expected to stage a recovery this year, on the basis of current worldwide financial uncertainties.<\/p>\n<p>Samsung\u2019s strong increase in sales of non-memory chips and highly developed flat screen displays, largely motivated by quick sales of tablet computers and smart phones will act as a massive support for sales in company\u2019s slow growing business areas, said analysts. The recent slide in the Korean won\u2019s will also act as a benefit in making the company\u2019s products more price competitive initiating profit, they said.<\/p>\n<p>Samsung\u2019s is in the spotlight with its increasing smart phone business and because of its fierce legal fight with Apple Inc. over allegations of tablet and smart phone design and technology infringements. Samsung\u2019s latest move against Apple was to file a lawsuit in Italy and France, seeking a ban on the sale of Apple\u2019s new release iPhone 4S.<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics Co. is expecting weaker earnings in the third quarter of the year, as the demands for Samsung\u2019s computer 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