Samsung announced audited Q2 2013 results, sees growth in OLED shipments

Samsung released their audited results for Q2 2013 (preliminary results were released a couple of weeks ago) - the company generated revenues of 57.46 trillion won ($51.5 billion) and a net profit of 7.77 trillion won ($6.96 billion). This was a disappointment to investors as smartphone growth is slowing (mostly GS4 sales).


But there are some good news in that report for the OLED market. First of all, Samsung is reporting positive growth for OLED displays for high-end smartphones, and they expect this growth to be maintained in the second half of 2013. Samsung will focus on offering "differentiated smartphone displays" using new technologies such as flexible displays. They will also focus on enhancing OLED cost competitiveness and will expand the OLED product line-up and feature more sizes and high resolution displays.



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Posted: Jul 26,2013 by Ron Mertens