Samsung Q4 2012 Results: Earns $8 Billion Of Profit

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Samsung has outed its financial reports for Q4 2012 which reports that it has earned $8 Billion (8.42 trillion won) in profit. Samsung has generated about 52.45 billion US dollars (56 trillion won) of revenue in Q4, representing an over 7-percent quarter-on-quarter increase and almost a 90-percent jump year-over-year.

The company also released its fiscal 2012 figures — this past year, Samsung scored a net profit of 23.8 trillion won ($22.25 billion) on revenue of 201 trillion won ($187.9 billion).

Samsung mobile business is the key in its Q4 reports. Samsung Mobile Communications grew 4 percent over the previous quarter numbering 27.23 trillion won ($25.5 billion); company said the robust sales of the Galaxy S III (passed 40 million sales) and the Galaxy Note II(sold 5 Million units until November) as the key drivers in its smartphone performance.

The company’s Display Panel segment had a rough quarter despite demand for smartphone and TV panels, but its Consumer Electronics and Semiconductor Business pulled in profits and gained numbering 740 billion won ($691.6 million) and 1.42 trillion won ($1.33 billion).

Robert Yi, senior VP and head of investor relations said, “Despite uncertainties in Europe and concerns over the U.S. fiscal cliff creating a difficult business environment, we did our best this quarter to achieve strong earnings based on a strategic focus on differentiated and high value-added products as well as our technological competitiveness.”

So ow its clear hat Samsung earned a lot from its Mobile Division and that’s too from Galaxy Android lineup. So We expect more excellent devices from Samsung in coming months.

For more information in charts you can get over to PDF file here.

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