Samsung Kombi Thread (Seite 116)

[Neemann]

Zahlen sind da
UPDATE - Samsung Q4 profit jumps, outlook
cloudy
Thursday January 16, 12:06 am ET
By Kim Miyoung and Jean Yoon

(recasts, adds details, updates stock price)

SEOUL, Jan 16 (Reuters) - Samsung Electronics Co said on Thursday fourth-quarter
profits almost quadrupled on strong mobile phone sales, but the technology giant
called the outlook for 2003 "very uncertain".

The results of the world`s top
memory chipmaker and third-largest
handset maker missed profit and
sales expectations, in part because
earnings were hit by special
employee performance bonuses of
375 billion won ($300 million).

"The numbers were disappointing,"
said Seo Jung-ho, a fund manager
at Daehan Investment Trust
Management. "Some were even
expecting a positive earnings
surprise. We will now keep a close
eye on its first quarter
performance."

Samsung`s stock initially fell on the
earnings announcement, but later recovered to trade 1.1 percent higher at 327,500
won, as investors focused on the company`s bullish hand-set sales target for the first
quarter.

Samsung earned 1.5 trillion won in net profit for the three months ended Dec. 31,
compared with 403 billion a year ago. Turnover was 10.72 trillion won, versus 8.5 trillion
in the year-ago period. Analysts were forecasting 1.8 trillion won in net profits on 10.9
trillion won sales.

The group remains the only profitable major memory chip maker and it posted record
full-year 2002 profits on its red-hot handset business. Rivals such as Micron
Technology Inc (NYSE:MU - News) of the United States and South Korea`s Hynix
Semiconductor Inc (KSE:00660.KS - News) have suffered from a prolonged slump in
chip prices.

But Samsung is not immune to falling prices for memory chips and flat panel screens. A
stronger South Korean currency may also hurt the competitiveness of a company that
derives two-thirds of its sales from outside the country.

"The 2003 outlook is very uncertain, although we expect a recovery in the second half,"
said Samsung investor relations executive Chu Woo-Sik.

The company did say it will increase capital spending by 43 percent to 6 trillion won this
year, mostly in its semiconductor business -- a marked contrast with a planned
25-percent cut in spending by top processor maker Intel Corp (NasdaqNM:INTC -
News).

MOBILE SALES

Samsung`s high-end phones -- sleek colour-screen mobiles with features such as
cameras and voice dialling -- have taken the market with a storm.

The company said fourth-quarter handset sales edged down from the previous quarter,
as government restrictions on handset subsidies hit domestic sales. Exports remained
healthy, and sales should rebound in the first quarter, Samsung said.

Samsung aims to sell 13 million mobile handsets in the first quarter, compared with 11.6
million in the fourth and 11.7 million in the third.

"Its bullish handset sales target is helping ease fears over weak revenues," said Chung
Chang-won, an analyst at Daewoo Securities.

Samsung has doubled its market share in two years, overtaking both Germany`s
Siemens AG (XETRA:SIEGn.DE - News) and Sony Ericsson (Stockholm:ERICb.ST -
News; Tokyo:6758.T - News). The Korean handset maker vaulted into the world`s
number three position in 2002 from sixth in 2000, and is now knocking on the doors of
market leaders Nokia (NOK1V.HE) and Motorola (NYSE:MOT - News).

Samsung expects its average selling price of handsets to rise this year propelled by
increasing sales of top-end colour and camera phones.

GRIM OUTLOOK

The outlook for this year is chequered by falling prices for memory chips and flat
display panels. Analysts said the uncertain outlook for the chip industry was expected
to haunt chip makers until the first half of 2003.

"The key now is how much worse Samsung`s first quarter will be against the fourth
quarter," said Kim Tae-woo, a fund manager at Mirae Asset Management.

Samsung`s transformation from a once stodgy South Korean conglomerate peddling
inexpensive appliances to a global technology leader has come from huge investments
in research and new plants for its chip operations.

It also has boosted its output of products that use the chips, such as handsets and
appliances.

Samsung said it expected to invest 6.0 trillion won in 2003 on capital expenditure, up
from 4.2 trillion spent last year. Five trillion won of expenditure is planned to go into its
semiconductor business.

A counter-cyclical investment strategy has proved effective for Samsung during the
past memory chip industry downturns, resulting in both market share gains and
profitability.

The gap between Samsung and those trailing it -- Hynix, Micron and Germany`s
Infineon (XETRA:IFXGn.DE - News) -- has become even more pronounced with the
recent migration of the industry standard to more advanced double data rate (DDR)
synchronous dynamic random access memory (SDRAM) chips.

Extended weakness in chip prices caused Micron to report eight quarterly losses and
Hynix to see nine quarterly shortfalls in the past 11 quarters.

Samsung shares, South Korea`s biggest issue with a market value of about $43 billion,
gained 3,500 won to 326,500 won in afternoon trade. The stock has outperformed the
broader market (KSE:^KS11 - News) by 11 percent in the last six months.

[Neemann]

Presse: Samsung will Kundenzahl erhöhen

Die japanische Tageszeitung „Nihon Keizai Shimbun“ gab
bekannt, dass der südkoreanische
Unterhaltungselektronik-Konzern Samsung Electronics
Co. Ltd. die i-mode Handys des japanischen
Telekomdienstleisters NTT DoCoMo Inc., eine Sparte der
Nippon Telegraph und Telephone (NTT) Corp., in Europa
unterstützen wird.

Das neu entwickelte Mobiltelefon des unter anderem weltgrößten Anbieter von Speicherchips soll im März auf
der CeBIT, der größten Computermesse der Welt, vorgestellt werden. Laut Zeitung sollen in der ersten Phase
zwischen 100.000 und 200.000 Geräte verkauft werden.

Die Japaner beabsichtigen mit ihrem neuen Mobilfunkgerät eine Steigerung der Kundenzahlen des i-mode
Service. Diese liegt seit dem Start im März 2002 bei rund 150.000.

[Neemann]

Samsungs Beitrag zur Handy-Luxusklasse


Mobiletelefone mit zwei Displays gibt es schon einige. Samsung hat nun -- ohne viel
Aufhebens -- das Modell SGH-S300 auf den Markt gebracht. Anders als bisherige
Samsung-Handys, die auf der Tastaturklappe ein kleines, monochromes "Hilfsdiplay"
etwa für die Rufnummern-Signalisierung aufweisen und unter der Klappe das größere
Farbdisplay haben, kommt das SGH-S300 gleich mit zwei Farb-Displays daher.

Das Außendisplay informiert mit farbigen, animierten Icons zum Beispiel über ein- und
ausgehende Anrufe, kann aber auch Nachrichten oder die Tageszeit einblenden. Nach
wenigen Sekunden der Inaktivität schaltet sich das Außendisplay ab und verwandelt
sich in einen Spiegel. Wenn Frisur und Make-Up ausreichend überprüft sind, lassen
sich Uhrzeit und Datum über eine seitlich angebrachte Wipptaste wieder einschalten.

Zu den weiteren Eckwerten des nur 70 Gramm leichten und 80 × 40 × 20 Millimeter
kleinen Handschmeichlers gehören Datenübertragung via GPRS, 40-stimmige
Klingeltöne, ein Java-Interpreter sowie das Innen-Display mit 128 × 128 Pixeln, das bis zu 65.536 Farben
darstellt. Laut Samsung soll es den geringen Stromverbrauch von herkömmlichen STN-LCDs mit der
hohen Darstellungsqualität eines TFT-LCD kombinieren.

Das SGH-S300 eignet sich nicht nur für die herkömmliche SMS-, sondern auch für die demgegenüber
etwas verfeinerte EMS-Kommunikation. Bei EMS-Nachrichten lassen sich verschiedene Textgrößen
einstellen und man kann den Text unterstrichen oder auch durchgestrichen darstellen sowie kleine Grafiken
und Töne einbetten. Außerdem finden sich im Funktionsumfang ein Terminplaner, Aufgabenliste, Taschen-
und Währungsrechner, Kalender und Weltzeitanzeige. An neuen Gimmicks haben es die Koreaner auch
nicht fehlen lassen. Wer will, kann spezielle Begleittöne beim Tastendruck sowie beim Öfnen und Schließen
der gesprächsaktiven Klappe einstellen.

Das SGH-S300 ist ein Tri-Band-GSM-Handy, das sich für 900-, 1800- und 1900-MHz-Netze in
Europa, Asien und Amerika eignet. Laut Hersteller ist es seit Januar zum Preis von 580 Euro (ohne
Mobilfunkvertrag) erhältlich. (dz/c`t)






CES: Samsungs neuer DVD-Player ist "HDTV-kompatibel"

Samsung präsentiert auf der Unterhaltungselektronik-Messe CES einen "HDTV-kompatiblen"
DVD-Player, der Standard-DVDs auf High-Definition-Fernsehgeräten in voller Auflösung wiedergibt.

Um dies zu ermöglichen, rechnet der Player im so genannten "DVI-Modus" das Videobild von einer
NTSC-DVD nach Wunsch in das EDTV-Format 480p (640 x 480 Pixel) sowie die HDTV-Formate
720p (1280 x 720 Pixel) oder 1080i (1920 x 1080 Pixel) um. Da 480p und 720p mit Vollbildern arbeiten,
muss der bei der Konvertierung eingesetzte Prozessor Progressive Scan beherrschen. Diese Funktion soll
sich wiederum auch bei der Wiedergabe auf Standard-Fernsehgeräten nutzen lassen. Für die Übermittlung
der hochgerechneten Videodaten an einen HDTV-fähigen Fernsehgerät oder Monitor benutzt Samsung
das Digital Visual Interface (DVI).

Bei der Vorführung am Samsung-Stand produzierte der "HDTV-kompatible" DVD-Player (O-Ton) mit
der Bezeichnung "DVD-HD 931" ein gestochen scharfes Bild, während ein daneben postiertes
Samsung-Modell mit Progressive Scan (480p) über den gleichen HDTV-Monitor nur ein vergleichsweise
unscharfes Bild zustande brachte. Allerdings darf man diesen Vergleich wohl als ziemlich problematisch
bezeichnen, da nicht ausgeschlossen werden kann, dass das HDTV-Display eben mit dem 480p-Signal
wesentlich schlechter zurecht kommt als mit dem 1080i-Signal.

Der DVD-Player soll bereits in den nächsten Monaten für etwa 350 Dollar auf den US-Markt kommen.
Als so genannter "Pro End"-DVD-Player wird er dafür wahrscheinlich auch die Wiedergabe von
DVD-Audio-Discs beherrschen. Zu einer möglichen europäische Version machte Samsung bislang noch
keine Angaben.

[Neemann]

Da liegen starke Hände auf der Lauer



Asia hot pick of global investors in 2003
Wednesday January 15, 1:38 am ET
By Risa Maeda

TOKYO, Jan 15 (Reuters) - Global investors are playing it safe in Asian markets amid
fears of a possible war in Iraq and tensions over North Korea`s nuclear programme, but
they are ready to scoop up Asian technology stocks later this year.

The region`s hot economic growth
prospects, particularly in China and
Thailand, are expected to deepen
investor interest in the region`s
stock markets, which have already
been beneficiaries of foreign fund
investment last year.

Current top picks are banks,
utilities, cyclicals and oil stocks --
such as Chinese refiner PetroChina
(HKSE:0857.HK - News) -- and the
Australia market.

But investors are ready to buy the
region`s technology stocks at the
first signs of robust global demand
for mobile phones personal computers, spurring even more foreign investment into
Asia-pacific markets, analysts said.

"It is often the case that the high-tech sector works as a catalyst to draw money from
abroad to stocks in the region," said Takuya Shikatani, chief strategist of Asian stocks
at Nomura Securities in Tokyo. "When their business is poor, the value of net inflow
shrinks. But when their business is good, global investors feel at ease to invest in the
region more," he said.

Leading technology companies such as Samsung Electronics (KSE:05930.KS - News)
of South Korea and providers of outsourced chip manufacturing or foundry services
such as Taiwan`s TSMC (Taiwan:2330.TW - News) and UMC (Taiwan:2303.TW - News)
are favourites.

"We are now underweight technology issues in the region, but are ready to raise the
weighting of these growth stocks up to 20 percent when the time is ripe," said Takashi
Inoue, assistant portfolio manager at Kokusai Asset Management in Tokyo.

Funds investing in the Asia-Pacific region excluding Japan or Australia saw a net
injection of $1.17 billion in the first 11 months of last year, in contrast with a net outflow
of $932 million in 2001, according to Nomura International of Hong Kong.

Their net buying was despite falls in the second half of 2002 in several Asian markets,
including Seoul and Taipei, due to a disappointing recovery in demand for IT products
following the sector`s worst-ever downturn in 2001.

HOT GROWTH PROSPECTS

Investors like the region`s economic growth prospects. The Asian Development Bank in
December revised down its forecast of developing Asia`s GDP growth for 2003 to 5.6
percent.

Yet that is buoyant when compared with an official forecast of 0.6 percent growth in
Japan for the year to March 2004 after an estimated 0.9 percent expansion this fiscal
year.

"Asia-Pacific ex-Japan markets are likely to continue to out-perform their global
counterparts (including Japan) on a relative basis in 2003," said Khiem Do, head of
Asian equities at Baring Asset Management in Hong Kong.

"Asia-Pacific has stronger growth, liquidity, currency and valuation fundamentals than
the rest of the world."

That`s why investors are likely to give Japan the cold shoulder in 2003, since deflation
is a drag on the world`s second-largest economy, analysts said. Taiwan, Hong Kong
and Singapore have similar issues, analysts said.

Tokyo`s Nikkei average (^N225 - News) is expected to fall further in the coming months
to around 20-year lows at 8,000, some 80 percent below its peak reached in late 1989,
according to Japanese strategists.

But a recent Reuters poll of 11 analysts forecast the market could end the year at
11,000 -- up 30 percent from current levels -- partly on cuts in taxes on dividends and
capital gains.

Australian strategists expect the benchmark S&P/ASX 200 index (Australia:^AXJO -
News) to rise eight to 10 percent in 2003, clawing back lost ground after a horror year
of a 12 percent loss despite strong economic conditions.

WAR RISKS PRICED IN, CHINA IS HOT

Several fund managers said they were optimistic about the future, saying geopolitical
risks will soon be overcome and that the world`s biggest economy will recover in the
second half.

"Most bad news about the potential war in Iraq and North Korea have been priced into
the markets, i.e. high gold and oil prices, the Korean market under pressure and so
on," said Do.

The South Korean market is relatively cheap -- its 12-month expected price-to-earnings
ratio stands at 7.4, far below Japan`s 19.2, Taiwan`s 14.4, Singapore`s 13.6 and Hong
Kong`s 13.4, according to research firm IBES.

If the political tensions drive oil prices higher, however, oil importers in the region
including Hong Kong, Singapore, South Korea and Thailand may suffer, analysts said.

Some fund managers are touting Hong Kong-listed China stocks, especially consumer
plays that will benefit from the mainland`s robust economic growth as well as sectors
such as power and aviation which stand to benefit from industry reform or
consolidation.

"Only in China we can see a growth story this year, and in the rest of the region merely
recovery stories," said Hiroyuki Chida, fund manager at Daiwa Asset Management in
Tokyo.

[roger11]

kennt jemand einen interessanten OS-Call für Samsung ?

ganze 5 Stück an der Euwax gefunden....alle ohne Umsätze...

[Neemann]

Samsung erwartet deutliche Gewinnsteigerung

Der südkoreanische Unterhaltungselektronik-Konzern Samsung
Electronics Co. Ltd. gab bekannt, dass der Nettogewinn für das
vierte Quartal voraussichtlich eine Vervierfachung gegenüber
dem Vorjahreswert erreichen wird.

Demnach erwarten die Südkoreaner einen Nettogewinn von 1,73
Bio. Won nach 403 Mrd. Won im vierten Quartal 2001. Im dritten Quartal lag der Gewinn bei 1.72 Bio. Won. Das Unternehmen
nannte als Gründe für die optimistische Schätzung die deutliche Erholung des Halbleiterbereichs und das negative
wirtschaftliche Umfeld letzten Jahres, das dem Halbleitersektor das schlechteste Jahr der Geschichte bescherte.

Der weltgrößte Anbieter von Speicherchips konnte im vierten Quartal von steigenden Verkaufspreisen der Chips profitieren.
In diesem Zusammenhang weist Michael Min, Analyst bei der Tongyang Investment Bank darauf hin, dass der
durchschnittliche Verkaufspreis für DRAM-Speicherchips nach 3,46 US-Dollar im dritten Quartal im vierten Quartal bei 3,97
US-Dollar lag.

Die Papiere von Samsung schlossen an der Börse in Korea mit einem Abschlag von 1,79 Prozent bei 328.500 KRW.

[Barneby]

Weiß jemand, wie hoch die Dividende pro Stck. (881823) in US $ sein wird ?

Die Umstellung von 27,5 % auf 15 % wegen Doppelbesteuerungsabkommen kostet nämlich Gebühren.
Hier: Über 5 €

Man muß also rechnen und dafür müßte man die Dividendenhöhe kennen.

Thanks !

Barneby

[NOBODY_III]

Zeitung: Samsung will Absatz digitaler Produkte steigern

Seoul (vwd) - Die Samsung Electronics Co, Seoul, will einem Bericht der "Maeil Business Newspaper" (Montagausgabe) zufolge den Absatz ihrer digitalen Produkte bis 2005 auf 30 Bill KRW von 18 Bill KRW im Jahr 2002 steigern. Chin Dae-je, President der digitalen Mediengruppe von Samsung sagte, dass das Unternehmen weiterhin neue digitale Produkte entwickeln will, schreibt die Zeitung. Ziel sei es, eine führende Marktposition auf den nordamerikanischen Markt zu erobern.

vwd/11/DJ/13.1.2003/sam/ip

13. Januar 2003, 09:46

[Neemann]

S Korea`s economy likely to thrive despite worries

http://biz.yahoo.com/rm/030112/economy_korea_prospects_1.htm…



Samsung Elec in talks with Disney on set-top boxes

http://biz.yahoo.com/rc/030110/tech_korea_samsung_1.html

[Neemann]

CORRECTED-Samsung set to ring up bumper Q4 profits
Monday January 13, 1:34 am ET

By Kim Miyoung

SEOUL, Jan 13 (Reuters) -
Technology giant Samsung
Electronics Co. is poised to report
fourth-quarter profits quadrupled on
buoyant sales of cutting-edge
mobile phones, but falling chip
prices are expected to slow 2003
earnings growth.

Samsung, due to release results on
Thursday, is expected to post a net
profit of 1.8 trillion won ($1.5 billion)
for the quarter ended Dec. 31,
according to analysts polled by
research firm Multex. That would mark a more than four-fold increase from the 403
billion won profit in the year-ago period.

"Handsets will help Samsung weather weakness in chips and flat panel prices," said Kim
Young-june, an analyst at Kyobo Securities.

Sales at the world`s top memory chip maker are expected to have jumped 28 percent to
10.9 trillion won in the quarter. Full-year profit is poised to top 7.3 trillion won, a new
record and more than double the 2001 figure.

The outlook for this year, though, is checkered by falling prices for memory chips and
flat display panels. The strong Korean currency also may cut into Samsung`s profits, as
it hurts the competitiveness of a company that derives more than two-thirds of its sales
from outside Korea.

"It`s hard to predict Samsung will outdo 2002 profits this year as the first-half outlook is
quite murky with chip prices, including, flat panels falling and stronger Korean won
reducing repatriated revenues," said Simon Woo, an analyst at Hyundai Securities.

As a result, analysts expect net profits to rise just 6 percent in 2003, according to
Multex.

RINGING UP GAINS

Samsung doubled its global handset share to 10 percent in 2002, making the world`s
third-largest producer, up from the sixth in 2000.

Samsung, known for its sleek colour-screen mobile phones at the higher end of the
market, now aims to grab a bigger slice of the U.S. and Asian markets by launching
lower end phones.

"Motorola was slow in introducing new models while Samsung timed the market with the
right products at the right prices," said Roh Keun-chang, an analyst at LG Investment &
Securities.

Samsung`s market share may soon come close to world number 2 producer Motorola`s
14 percent market share. It also has gained on top phone maker Nokia`s (NOK1V.HE)
pie in China, which is the world`s biggest mobile market with more than 200 million
users, analysts said.

"We credit much of the (Samsung`s) superb share price performance to the company`s
successful transformation into a handset company," a Merrill Lynch analyst Sun Chung
said.

Samsung, South Korea`s largest issue with a market value of about $43 billion, has
outperformed the broader market (KSE:^KS11 - News) by 14 percent in the last six
month. The stock gained 2 percent to 330,500 won on Monday.

WEAK CHIP PRICES

Thanks to its mobile phone business, Samsung is the only profitable memory chip
maker.

Rivals such as Micron Technology Inc (NYSE:MU - News) of the United States and
South Korea`s Hynix Semiconductor Inc (KSE:00660.KS - News) have suffered badly
from a prolonged slump in chip prices.

Samsung has widened the gap with its rivals, but analysts said the uncertain outlook for
the semiconductor industry was expected to haunt chipmakers until the first half of
2003.

The gap between Samsung and those trailing it -- Hynix, Micron and Germany`s
Infineon (XETRA:IFXGn.DE - News) -- has become even more pronounced with the
recent migration of the industry standard to more advanced double data rate (DDR)
synchronous dynamic random access memory (SDRAM) chips, said Credit Lyonnais
Securities Asia analyst Chong Kim.

Extended weakness in chip prices prompted Micron to report eight quarterly losses and
Hynix to see nine quarterly shortfalls in the past 11 quarters.

"We expect the chip price decline to accelerate in the first quarter as the proportion of
DDR chip production continues to increase while demand softens due to seasonality,"
Morgan Stanley analyst Han Keon said.

Despite the worries, analysts expect Samsung to invest aggressively this year.

"We expect Samsung to increase capital spending by 30 percent to 6.34 trillion won this
year and that implies the company is optimistic about the chip industry`s prospects for
2004," said Han.

He said a counter-cyclical investment strategy has proven effective for Samsung during
the past memory chip industry downturns, resulting in both market share gains and
profitability.