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We need more like him, people who point our bugs rather than use it agains others. If he can find it,...- Anonymous
The powerful tape technology can address data security with tape encryption as well as long term data protection.
Discover what disk and tape really cost -- and which solution provides lower total cost of ownership and optimizes energy use for your organization
The Clipper Group explores the truth behind the myths of tape, digging into the misconceptions in the disk vs. tape debate.
Over two thirds of disk-only users look to add tape back into storage infrastructure according to recent survey.
Samsung Electronics posted its strongest profit gain in years in the first quarter as sales of LCD screens and mobile phones beat expectations and its chip business didn't perform as badly as feared.
The electronics giant's net profit soared 37 percent year-on-year to 2.19 trillion Korean won (US$2.2 billion) as sales rose 19 percent, to 17.11 trillion won.
The company's financial performance was especially strong considering weak prices for memory chips, its second-largest business. Sales of display screens more than made up for problems in the DRAM (dynamic RAM) and NAND Flash memory businesses, as did sales of mobile phones.
The company also reported some weakness in handset sales in developed countries, but that didn't slow down its performance.
"We saw stronger sales in emerging markets," said Woosik Chu, a vice president in investor relations at Samsung, during a conference call.
Samsung's mobile phone sales rose 33 percent year-on-year to 46.3 million units in the first quarter. Sales at its telecommunications unit grew 21 percent. The company expects to release more touch screen phones this year, as well as handsets with HSUPA (high-speed uplink packet access), said David Steel, head of the telecom unit, during the conference call.
Samsung maintained its forecast for 200 million handset sales this year, and forecast the overall handset market to grow about 10 percent this year to 1.23 billion units.
The company's LCD (liquid crystal display) screen business posted the best year-on-year sales growth of all five units, 53 percent, mainly on increased production and strong sales of TV screens, 46-inches and above, the company said.
Samsung plans to spend 3.7 trillion won on its LCD business.
The company forecast LCD sales will increase in the second quarter as TV makers prepare for the high sales season in the second half of this year.
Sales at Samsung's chip business declined 2 percent compared to the same quarter last year due to continued weak prices for DRAM and NAND products. The company expects oversupply in both segments to continue on into the second half of this year as more companies increase production at new factories or improve manufacturing technology in old plants, said Yeongho Kang, vice president of the semiconductor business.