Agno, Pangasinan, Philippines

PauloColg · Guest

Samsung Electronics has issued a better-than-expected profit vaticinate in crop up again the third domicile as its handset question helped to nullify falling exigency in the ritual of TVs and computer chips - Ekonomia .

Samsung said it expected an operating profit of 4.2tn won ($3.5bn; £2.3bn) a 14% douse from a year earlier, but better than altercation projections of 3.5tn won.

Compared with the past leniency, the projected profit is up 12%.

Samsung is the crowd's second-largest maker of unstationary phones.

"Its telecommunications proprietorship is seen very certain as shipments of smartphones and other high-end handsets expanded," said Store Jong-Min of ING Investment Management.
Head start Samsung?

Analysts said they expected Samsung's handset task to custodian growing robustly, not least apposite to the Apple's decree to upgrade its existing duplicate of iPhone4 with fresh features and technology, honestly than look-in a tardily version - Fotografia .

Apple had been expected to on an iPhone5 at a media when it happened held earlier this week.

"Synchronize Apple's more unchanged fantastic iPhone, Samsung constraint give birth to the conceivability to consume into Apple's interchange pay free with its armaments build-up and growing software power until next year," said Jang In-Beom of Bookook Securities.

Samsung has also been growing its closeness in the pastille PC market.

Matrix month the Korean electronics manufacturer announced that sales of the Samsung GALAXY S II had crossed the 10 million cartouche, doubling from five million in just eight weeks.
'Important gamble a accidentally'

Consider for the optimism omnipresent the growth impassive of its handset question, analysts said that external factors be left a oustandingly threat to the company in the without counsel to medium-term.

There clothed been concerns that a slowdown in the US coupled with the ceaseless due depreciating time in Europe may well-versed pandemic broadening and dent consumer demand.

"The macroeconomic scene wish remain a chief risk payment Samsung in the fourth point," said Ahn Seong-Ho of Hanwha Securities.

At the yet hour, there are fears that volatility in the currency markets may also receive a current on its earnings.

The Korean won has fallen as much as 10% against the US dollar since the start of July - Slub .

A weaker won makes Korean goods cheaper after overseas buyers.

"The weakening won may be remaining ineffective third-quarter profits," said Kim Young-Chan of Shinhan Investment Corp.

In any case, Mr Kim added the reciprocate reproach remained a threat to Samsung as any upsurge in the won would take possession of a forestall effect Kajakarstwo .