Samsung: record sales but slower on mobile

Like his great rival Apple, Samsung is also faced with an intensification of competition. Yet, at first glance, everything is going well in the Korean who reported new record results in the second quarter.

Samsung has thus realized a turnover of EUR 39 billion, an increase of 20.7% over one year. Quarterly net income rose him close to 50% to 5.26 billion euros. Why then this concern of financial markets?

Samsung promises growth for the end of 2013

Mainly because Samsung mobile division, representing not less than 61% of its turnover, sees growth slowing in the second quarter: + 9%. This is however not a surprise since the manufacturer had warned investors as early as the first quarter.

Sales of smartphones, if they increase always do so at a lesser pace. According figures IDC, Samsung sold 70.7 million smartphones in the first quarter and 72.4 million in the second.

But already, Samsung reported its sales of terminals handgun more clearly on the rise as early as the third quarter.

"We cannot hide the fact that the economic recovery in Europe is always expected or that we are exposed to the risk of increased competition in smartphones and other products" recognizes at the same time the Vice President of the manufacturer, Robert Yi, quoted by AFP.

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Key figures: sales of mobile and smartphones