Samsung just reported its Q2 earnings for 2013. The South Korea-based company managed to rack up an operating profit of 9.53 trillion won (~US$8.5 billion), which is the highest Samsung has ever posted in a single quarter and a 9-percent increase compared to last Quarter. It has reported net profit of 7.77 trillion won (~US$6.96 billion) and revenues of 57.46 trillion won (~US$51 billion). Mobile phone sales accounted for 34.58 trillion won (~US$31.1 billion), which is 9-percent increase compared to last quarter.
Even though Smartphone sales grew led by solid S4 shipments and the Note 8.0 in the tablet sector, profits declined due to increased costs of new product launches, R&D and retail channels investments, etc. Due to this there is a 3-percent decrease in operating profits in the handset sector. Smartphone shipments increased in America (continent) and China. Samsung believes that growth of the smartphone market would be strong in the third quarter but it would slower. Average selling price would come down due to lot of mid-priced smartphones in this quarter.
The OLED panel shipment increased due to the launch of premium smartphones. It aims to bring differentiated smartphone displays through technological competitiveness, including flexible display technology.
Sales of logic chips declined due to lower mobile application processor shipments. Samsung says it would ramp up the production of AP based on 28-nanometer process technology and high-resolution image sensors.In future it would develop chips based on 20 nm-class and 14 nm-class process technology.