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Samsung Expects Record Profits

Samsung Expects Record Profits

It seems no one let Samsung know we are in a worldwide economic recession.

Samsung are reporting they expect to make something in the region of US $33 to US $35 billion for the first quarter of 2010. This is higher than analysts were expecting and Digitimes reports that this would be a record for the company.

Samsung, a South Korean company, make mobile phones, digital devices, LCD and Plasma TV’s, DDR DRAM and RDRAM memory, notebooks, digital camera’s and even refrigerators. They are also known to have the 2nd best fabrication plant in the world after Intel according to some sources.

About Author

Stuart Davidson

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