Samsung Q3 earnings hit a new high, but cannot hide the high-end smartphone growth weakness

according to samsung Q3 2013 earnings, according to the company in the third quarter revenue refresh company again.

it is understood that in the third quarter of this year, the company’s total revenue of $55.59 billion, operating profit of $9.56 billion, compared with last quarter rose 7%, year-on-year growth of 26% last year. This group of Numbers is not only more than samsung’s own estimates, also created the samsung’s earnings high.

after samsung CEO ShenZong said: “the Galaxy S4 since listed the first six months, sales of more than 40 million units.” In earnings conference call, samsung, points out that the company’s smartphone shipments increased by 10%. The figures, however, cannot make up for samsung weak growth in the high-end smartphone market. It is reported that samsung mobile and communications department of revenue growth was only 3%.

according to the latest results of samsung, according to the company’s revenue growth comes mainly from its semiconductor division. Among them, mobile and gaming memory-chip business revenue increased 12% year-on-year last quarter. At the same time, samsung display panel business fell 12% year on year. Analysts believe that with the market demand for TV and display panel down.

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