Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 225.51

+2.4%

12:26 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (63074)	4/23/2002 4:15:43 AM
From: StanX Long	Read Replies (1) of 70976

Samsung SDI 1st-Qtr Profit Rises 25% on Sales Rebound (Update4) By Young-Jo Bae quote.bloomberg.com Seoul, April 23 (Bloomberg) -- Samsung SDI Co., the world's second-largest maker of cathode-ray tubes for computer monitors and televisions, said first-quarter profit rose 25 percent after demand rebounded and competition eased as rivals switched to making flat screens. Net income rose to 155 billion won ($118 million) from 125 billion won in the year-earlier period on a consolidated basis, the company said. Sales rose 14 percent to 1.6 trillion won, while operating profit increased 32 percent to 241 billion won. Samsung SDI increased its dominance of the cathode ray tube market, lifting its share to 27 percent from 25 percent, as Hitachi Ltd. and other rivals dropped out. The company also saw rapid sales growth for new products such as flat screens for handsets and rechargeable batteries. ``This is the return for surviving fierce competition,'' said Kenneth Kim, an analyst at Meritz Securities Co. ``The outlook for bulkier cathode-ray tubes still looks good'' although computer makers are shifting to flat screens.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next