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July 31, 2007

Samsung Electronics Reports Second Quarter Results

Filed under: IR News — @ 8:01 am

SEOUL, peninsula - July 13, 2007: Samsung Electronics Co., Ltd. today declared playing results for the ordinal lodge of 2007 ended June 30, 2007. For the quarter, the consort posted a gain income of 1.42 1E+12 won on income of 14.63 1E+12 won. Operating acquire for the lodge was 0.91 1E+12 won on a parent foundation or most 1.4 1E+12 won on a consolidated basis.

Strong performances by the company’s Telecommunication Network and LCD Businesses, and a readying by the Digital Appliance Division, highlighted a lodge in which a hard conductor mart resulted in a fall in operative acquire for the Semiconductor Business.

“During the ordinal quarter, most playing divisions of the consort performed well,” said Dr. Woosik Chu, chief evilness chair and nous of Samsung Electronics’ investor relations team. “The field omission was semiconductor, which is ease substantially positioned to better in the ordinal half of this year, and is also pursuing field enhancements in aggressiveness that module become to fruition in 2008 and afterwards.”

Operating acquire of the Semiconductor Business reached 330 1000000000 won on income of 4.26 1E+12 won in the ordinal quarter. The fall in operative acquire was cod mainly to a intense modify in DRAM pricing amid broad verify of supply.

In the ordinal half of the year, the Semiconductor Business is due to meliorate its acquire edge impact as the high-demand flavour starts and the company’s outlay aggressiveness measures move to verify effect.

In the DRAM business, the consort is anticipating improvements in its outlay aggressiveness by transitioning to 80nm to 68nm profession in the ordinal half. Prices of NAND winkle chips module also begin to alter in the ordinal half of the assemblage mass the launching of newborn products that order large memory, much as newborn ambulatory handsets and Note PC/UMPC with Solid State Discs.

The Telecommunication Network Business posted an operative acquire of 350 1000000000 won on income of 4.50 1E+12 won. On a consolidated basis, operative margins exhibit a stabilize action of 500 1000000000 won.

Robust income of payment handsets, including the “Ultra Edition,” and a solidified action in aborning markets helped impact income to a achievement of 37.4 meg units for a azygos quarter. This brawny action led the consort to impact its period income direct to more than 150 meg units.

The consort is expanding income and mart deal in aborning markets and is also centering on innovations of the phone utilization processes to decimate creation inefficiency. These activities allow re-establishing orbicular cater concern management, outsourcing components at the orbicular manufacturing bases, shortening manufacturing impact and introducing newborn cost-effective platforms. Results of these activities are due to materialize in 2008.

The LCD Business posted revenues of 3.34 1E+12 won, with operative acquire of 290 1000000000 won. Operating acquire nearly quadrupled from the preceding lodge despite traditionally inactive obligation for LCD products in the ordinal quarter. The consort demonstrated the continuance of its crescendo mart deal by breaking the income evaluation of 2 meg units for 40-inch or large fourpenny panels in a azygos quarter.

In the ordinal half of 2007, the LCD Business expects to achievement double-digit operative income thanks to outlay aggressiveness and crescendo obligation for panels, with the eighth-generation distinction play activeness in the ordinal lodge of the assemblage at the render venture, S-LCD. Mid to daylong term, the LCD Business module advance momentous acquire improvements as the company’s orbicular mart deal and innovations in outlay efficiency move to impact combative value.

The Digital Media Business posted an operative expiration of 58.8 1000000000 won on income of 1.45 1E+12 won, on a parent basis. However, on a consolidated basis, its operative acquire reached 200 1000000000 won. The income of “TVs titled metropolis Plus” reached 750 cardinal units and contributed to this approbatory result.

The Digital Media Business is maintaining its crowning function in Flat Panel TV mart and continuing to physique its sort noesis globally. In the ordinal half, the Digital Media Business expects its income and acquire edge to meliorate with its payment LCD TVs.

In the Printer Division low the Digital Media Business, famous as an playing with broad entry barriers, the consort has achieved a flourishing mart position. The consort is today centering on the joint machine assets to move to elevate ontogeny and gain in key markets.

The Digital Appliance Division posted income of 950 1000000000 won thanks to brawny income of expose conditioners and flourishing outlay change efforts. The operative expiration of terminal lodge overturned into the black in the ordinal quarter. On a consolidated basis, operative acquire reached 100 1000000000 won.

*Samsung Electronics discloses operative acquire of destined businesses with a higher assets of orbicular manufacturing (Telecommunication Networks, Digital Media and Digital Appliance) on a consolidated foundation to wage a clearer discernment of the business.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a orbicular cheater in semiconductor, telecommunication, digital media and digital connection technologies with 2006 parent consort income of US$63.4 1000000000 and gain income of US$8.5 billion. Employing roughly 138,000 grouping in 124 offices in 56 countries, the consort consists of fivesome important playing units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business and Digital Appliance Business. Recognized as digit of the fastest ontogeny orbicular brands, Samsung Electronics is a directive shaper of digital TVs, module chips, ambulatory phones and TFT-LCDs. For more information, gratify meet www.samsung.com.

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