Samsung third quarter revenue will be reduced by 30% will rebound next year

South Korea's Samsung Electronics Company will announce third quarter earnings on Friday, which is expected to drop by as much as the price of memory chips and flat panel displays, but the company is expected to raise profits from the fourth quarter of. Analysts said, for digital cameras and music players flash memory (flash memory) chip and the demand of large size flat screen high, will be in the fourth quarter and 2006 push Samsung profit. Although mobile phone sector profits growth rate unchanged, but the computer memory chip price stabilization, will also help the net performance of Samsung electronics. Samsung is the world's largest memory chip and panel manufacturers. According to the 10 analysts Reuters Estimates is expected to show that the company 7-9 quarter net profit for the year is expected to be $1 trillion and 890 billion (trillion) won ($1 billion 820 million). This data reduction of 2 trillion and 690 billion won 30% over the same period last year, but compared with the previous quarter, the 1 trillion and 690 billion won 12% increase. Third quarter revenue is expected to 14 trillion and 720 billion won, 14 trillion and 340 billion won over the same period last year increased by 3%, compared with the previous quarter, the 13 trillion and 590 billion also won 8% increase. Expected fourth quarter net profit growth of 9% over the previous year to 2 trillion won, 2005 full year net profit forecast for the full year forecast of 7 trillion and 430 billion won, is 9 trillion and 440 billion.2004 full year net profit of 10 trillion and 790 billion won a record. In liquid crystal display device for flat-panel TVs, notebook computer and PC (LCD) panel, Samsung shipped in the third quarter is expected to 11 million 700 thousand, higher than 9 million 900 thousand on the season. Fourth quarter shipments are expected to reach 1280-1310 million. Analysts said, 7-9 month average price rose 3-5% LCD material, but still relatively low level at the end of September 2004 25%. Flat-panel TV and computer retail prices decline, more consumers may stimulate the replacement, but the LCD price of fear because of excess supply and the wounded are still doubts. Second of the world's largest LCD manufacturer: PHILPS LG (LG.Philips LCD) third quarter profit will be announced on Tuesday, is expected to decrease from 10% to 260 billion 400 million. Samsung is the world's third largest mobile phone manufacturer, the 27 million branch of the company's third quarter mobile phone sales expected to reach a record, more than 24 million 400 thousand teams last season, is also higher than in the first quarter of 24 million 500 thousand. Samsung mobile phone sector in the third quarter profit forecast to 12.8%, the second quarter of 12%, the first quarter of 17%. But analysts said Samsung mobile phone sector in 2006 profit rate is expected to be flat to slightly higher than the 10% level, because the rival NOKIA (Nokia and Motorola (Motorola price competition caused by heating. (Reuters)