Samsung estimates $8.3 billion in profits for Q4, brags about phone sales

Samsung estimates $8.3 billion in profits for Q4, brags about phone sales

What’s the lion’s share look like in sales numbers? About 500 handsets a minute, according to Samsung. The Korean hardware giant flaunted the sales estimate in its Q4 investors guidance, where it says it expects to see $8.3 billion in profits when the official earnings report drops later this month. That’s just shy of double what it reported over the same period in 2011. Sammy contributes the growth to a plentiful supply of regional variants of handsets like the Galaxy S III and Note II, as well as high demand for its display technology. The streak may not keep forever though, according to Reuters, analysts are predicting a first quarter slump without a new Galaxy S phone for the spring. We’ll have to wait for the full earnings release to see how things pan out, but it doesn’t look like the firm will be hurting for cash any time soon.

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Source: Reuters

Samsung makes $7.4 billion in Q3 profits, surpasses expectations

Samsung set the bar a little lower than the final mark when it told investors its expectations earlier this month, posting $7.4 billion in operating profits for Q3 and $5.97 billion in net income. This handily bests the $7.28 billion profit it told investors to expect, nearly doubling what it made over the same period last year. Why the jump? You can blame the Galaxy S III, which increased shipments “significantly due to global expansion,” the company says. Indeed, smartphone sales are credited to Sammy’s quarter over quarter leap in revenue. Consumer electronics sales also boosted profits a fair deal, achieving “industry leading profitability” in the TV market, according to Samsung, who cited growth both in the consumer space, and in the sales of OLED panels for televisions, tablets and high-end smartphones.

The company’s semiconductor sales, on the other hand, dropped by eight-percent in the face of weak PC demands. Samsung expects demand for PC DRAM and other high value-added chip products to remain weak, but optimistically notes that the sector is still profitable, and may pick up as new devices come to market. Got the basics? Great — dive into the details and charts at the source link below, or read on for Sammy’s official Q3 press release.

Continue reading Samsung makes $7.4 billion in Q3 profits, surpasses expectations

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Samsung makes $7.4 billion in Q3 profits, surpasses expectations originally appeared on Engadget on Thu, 25 Oct 2012 20:02:00 EDT. Please see our terms for use of feeds.

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Samsung expects around $7.28 billion in operating profits for Q3, setting another record

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Samsung has provided investors guidance ahead of its full Q3 earnings report that’s due before October 26th, and as has been the custom, the numbers are huge. It’s expecting a fourth straight record quarter with overall operating profit of 8.1 trillion won ($7.28 billion), an amount that would more than double last year’s results for the same period and clear Q2s $5.86 billion, all on sales of 52 trillion won ($46 billion). We’ll have to wait for the full report to see numbers broken down by department, but it’s safe to say that there’s a lot of Galaxy S IIIs (it ticked past 20 million last month) adding up to reach that pinnacle. Reuters and Bloomberg have predictions from various analysts on how many handsets, RAM chips and flat-panel HDTVs were sold, but if its legal battle with Apple ends in the worst-case scenario, at least we figure Samsung will have enough left over to keep the lights on.

Continue reading Samsung expects around $7.28 billion in operating profits for Q3, setting another record

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Samsung expects around $7.28 billion in operating profits for Q3, setting another record originally appeared on Engadget on Thu, 04 Oct 2012 20:33:00 EDT. Please see our terms for use of feeds.

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Hyper-Matrix Cube Wall Turns Styrofoam Cubes into Moving Pictures

I’ve seen some impressive projection screens in the past, but I can honestly say this is the first time I’ve seen a screen that’s made up of thousands of moving styrofoam cubes.

hyper matrix cube wall

The Hyper-Matrix Cube Wall was created by Korean interactive artist JônPaSang for an installation for the Hyundai Motor Group. It’s a massive grid of mechanised white 30cm x 30cm (appx. 1 foot x 1 foot) cubes which can move in and out to form images. Overall, the wrap-around display measures a whopping 45 meters (~148 feet) wide by 8 meters (~26 feet) high. According to my math, that means there’s about 3848 cubes.

As you can see from this video from the guys over at Mechatronics, it’s quite an incredible display:

Nifty. But where’s the projection, you ask? Well, since the Mechatronics guys were most interested in showing us the mechanical aspects of the rig, they cut off the presentation right before the projection portion. Here’s another clip which shows off the entire show:

Pretty cool, no? That part with an individual image on each cube is pretty sweet. Though there appears to be a single cube on the left wall of the screen that’s stuck in that second clip. It’s really bugging me, and if I have to know about it, so do you. If you want to know how this massive installation was built, here’s one more video clip for you to watch:

I’d love to see them do more projection mapping type effects on the screen. I can only imagine the cool pixel art shows one could do with all of those blocks. I’m up for a giant game of Super Mario Bros… or even Pong.


Colloidal Display uses soap bubbles, ultrasonic waves to form a projection screen (hands-on video)

Colloidal Display uses soap bubbles, ultrasonic waves to form a projection screen handson video

If you’ve ever been to an amusement park, you may have noticed ride designers using some non-traditional platforms as projection screens — the most common example being a steady stream of artificial fog. Projecting onto transparent substances is a different story, however, which made this latest technique a bit baffling to say the least. Colloidal Display, developed by Yoichi Ochiai, Alexis Oyama and Keisuke Toyoshima, uses bubbles as an incredibly thin projection “screen,” regulating the substance’s properties, such as reflectance, using ultrasonic sound waves from a nearby speaker. The bubble liquid is made from a mixture of sugar, glycerin, soap, surfactant, water and milk, which the designers say is not easily popped. Still, during their SIGGRAPH demo, a motor dunked the wands in the solution and replaced the bubble every few seconds.

A standard projector directed at the bubble creates an image, which appears to be floating in the air. And, because the bubbles are transparent, they can be stacked to simulate a 3D image. You can also use the same display to project completely different images that fade in and out of view depending on your angle relative to the bubble. There is a tremendous amount of distortion, however, because the screen used is a liquid that remains in a fluid state. Because of the requirement to constantly refresh the bubbles, and the unstable nature of the screen itself, the project, which is merely a proof of concept, wouldn’t be implemented without significant modification. Ultimately, the designers hope to create a film that offers similar transparent properties but with a more solid, permanent composition. For now, you can sneak a peek of the first iteration in our hands-on video after the break.

Continue reading Colloidal Display uses soap bubbles, ultrasonic waves to form a projection screen (hands-on video)

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Colloidal Display uses soap bubbles, ultrasonic waves to form a projection screen (hands-on video) originally appeared on Engadget on Fri, 10 Aug 2012 12:24:00 EDT. Please see our terms for use of feeds.

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Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales

Samsung’s complete earnings results for the April – June 2012 period won’t come out until July 27th, but Reuters reports its early guidance to investors estimates the company’s profit at a record 6.7 trillion won ($5.9 billion). That’s mostly due to strong sales of the ever-expanding (and increasingly targeted by lawsuits) line of Galaxy smartphones. Sales forecasts are slightly below earlier estimates, and while there’s no specific numbers for each division, a Bloomberg breakdown of analyst predictions suggests there should be more good news to go around later this month.

Continue reading Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales

Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales originally appeared on Engadget on Thu, 05 Jul 2012 20:34:00 EDT. Please see our terms for use of feeds.

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How a Giant Rube Goldberg Machine Ended Up on the Side of This House [Video]

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