Samsung’s 2Q09 Earnings Boosted by LED TVs

Samsung Electronics on July 24 posted an impressive set of its second quarter earnings. For the three months through June, operating profits were just over $2 billion, a fivefold increase on the first quarter and up 5% from a year earlier. The total revenue was $26 billion, up 13.4% from the first quarter and 11.7% from the same period last year.

Samsung LED TV Series 7 UK Trailer

The impressive profitability of the TV business was highlighted in the report. Samsung's Digital Media division, which makes TVs, computers, printers, and other home electronics products, scored $848 million in the second quarter revenue, comparing with $304 million for the previous quarter and $112 million a year ago. That represents a respectable profit margin of 9%.

Samsung LED TV

The company’s strategy is to concentrate on high-end LCD (liquid-crystal display) TVs, particularly LED back-lit ones. In 2009, Samsung introduced a new line of large-screen LED LCD TVs that cost some $600 more than traditional flat-screen sets. Then it splurged on hundreds of millions of dollars in promoting and popularizing the new technology.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE