Sunday, February 17, 2008

[ News, Economy / Industry, January 8 2008] Samsung aims to post 30 tril. won in digital media business sales this year

Samsung Electronics Co., Korea’s top electronics manufacturer, aims to log 30 trillion won ($31.9 billion) in sales from its digital media (DM) division this year by focusing on growth in its flat-panel TV business, a senior executive said.

The 2008 target is up 15 percent from the 26 trillion won that Samsung Electronics is estimated to have recorded last year, Park Jong-woo, head of Samsung’s DM division, told reporters during a press conference held on the sidelines of a tech show in Las Vegas.

Samsung’s DM division mainly deals with digital electronics products including flat-panel TVs, printers and personal computers.

"To this end, we will put out diverse mid-sized OLED TVs, ultra-slim TVs and other next-generation products to secure our leadership in the global television market for three consecutive years," Park said.

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