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Samsung Profit Lowest in Three Years

As forecast, Samsung reported its weakest quarterly operating profit for three years, following a steep decline in earnings from its IT and mobile divisions. Operating profit of KRW4.1 trillion ($3.8 billion) was 60% lower than Q3 of last year and this was the fourth consecutive quarter of declines. Turnover for the quarter was also lower … Read more

Corning Result 29/10/2014

Corning Incorporated posted a net profit in Q3 of $1 billion on turnover of $2.5 billion, which compares with a net profit of $408 million on turnover of $2 billion in Q3 a year earlier. Corning’s net profit for the first nine months of the year reached $1.48 billion from $1.54 billion for the corresponding … Read more

Ingram Micro Result 29/10/2014

Ingram Micro posted a net profit in Q3 of $72.2 million on turnover of $11.2 billion, while a year earlier the company’s net profit was $78.9 million on turnover of $10.1 billion. In the year to date, Ingram Micro’s net profit fell to $147.7 million from $198.4 million, though turnover improved year on year to … Read more

Innolux Result 23/10/2014

Innolux Corporation reported a net profit for the third quarter of NT$7.3 billion ($239.9 million) on turnover of NT$113.1 billion ($3.7 billion), which compares with a net profit of NT$685 million ($22.5 million) on turnover of NT$97.2 billion ($3.2 billion) for the third quarter of last year. The company’s net profit for the first nine … Read more

LG Electronics Result 29/10/2014

LG Electronics has announced its third quarter results, posting turnover of KRW14.9 trillion ($14.3 billion) for the quarter, an increase of 7.4% year on year from KRW13.9 trillion ($13.3 billion), while net profit for the quarter was 86.7% higher at KRW202.6 billion ($193.6 million) from KRW108.5 billion ($103.6 million) in Q3 of the previous year. … Read more

STMicroelectronics Result 30/10/2014

STMicroelectronics swung to a net profit in the third quarter of the year of $72 million from a net loss a year earlier of $142 million. Turnover for Q3 of this year was $1.8 billion, compared with turnover of $2 billion in Q3 of last year. For the first nine months of this year, STMicro’s … Read more