Samsung GalaxyTab 7.0
Tablet computers like the Galaxy Tab, along with killer smartphones like the Galaxy S2, have helped make a serious contribution to the profits announced by South Korean electronics giant, Samsung, this week.
According to a Reuters report, about 50 per cent of Samsung’s total profits for the last quarter can be directly attributed to strong sales of its portable computing devices.
That means that it made £1.4 billion in pure profit from Android-based devices, with its more traditional dominance of the TV market, along with its laptops, slipping down the scale of significance, if only from a financial point of view.
Samsung’s total profits for the quarter were up by 17 per cent, with 207 million TVs sold. There was little mention of the Chromebook laptops making any kind of dent in its performance, which is perhaps a slight issue, although Samsung is selling so many tablets and high end mobiles, that it is unlikely to be too worried about its sustainability.
Samsung is doing well in a period when rivals including Nokia and Motorola have announced profit reductions and multimillion pound losses, respectively. This is likely to dictate the shape of the market and the types of portable devices that are launched in 2012.