Samsung hint at quarterly earnings release on Galaxy S7 for late March

Jan

29

2016

Samsung hint in the presentation of its quarterly figures that the Galaxy S7 end of March will be available. According to Samsung, the “impact of new devices” to ensure that the revenue in the mobile business rose.

These new devices are in any case expensive models, because although Samsung expects sales increases, expect the manufacturer coming months just to deliver fewer smartphones. That is only possible if the average price of a delivered-Samsung smartphone is growing considerably, which is only possible with expensive models. There have been going longer rumors that the Galaxy S7 mid-March would appear, after a presentation in February.

Samsung gave the final months of the year more cheaper smartphones and total revenue from smartphone sales declined compared to the previous quarter, says the manufacturer. Although Samsung already known for years does not make figures of his deliveries, estimates analyst firm Strategy Analytics that the South Korean manufacturer opens at 81.3 million. This would be market leader Samsung, followed by Apple with 74.8 million units delivered. The manufacturer expects the full year 2016 a slight increase in sales.

The South Korean manufacturer also mentioned that last year 22 percent of the supplied TVs UHDTV are. Revenues from deliveries of TVs grew, but for future Samsung expects another decline. The sales will pick up again in the summer because of the Olympics, thinks the manufacturer.

The semiconductor branch of Samsung experienced a difficult period. For the coming year Samsung wants to find their own customers more say for its processors. The lion’s share of the Exynos socs now come into Samsung smartphones.

Samsung Electronics posted in the last quarter of 2015 revenues of 53.32 trillion Korean won, converted about 40 billion euros. Operating profit amounted to 6.14 trillion won.

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