Samsung reported for the fourth quarter

Samsung issued a report for the fourth quarter of 2015. As a result, the fourth quarter marked decline in shipments and therefore profits.

Samsung reported for the fourth quarter

However, sales of tablets and up to 9 million units increased in the fourth quarter. It is impressive when you consider that the tablet market has not been the most favorable. For comparison, Apple reported that during the quarter iPad sales were down 25.

This year, the manufacturer expects a definite increase in the percentage of sales of smartphones and tablets. Thanks to new technologies, the Samsung company plans to not only increase sales, but also greatly multiply profits.

Also in 2016, the company hopes to increase the importance of tablets and wearable devices. South Korean tech giant is planning to increase the use of Samsung Pay mobile payment service.

For the fourth quarter of 2015, Samsung mobile technology unit received from sales of $ 21 billion, which is 4.9% lower compared to the previous year and 6% from the previous quarter.

Operating profit was $ 1.85 billion, while 13.8% higher than in the fourth quarter of 2014, but 7% lower compared with the third quarter.

Thus, for the entire 2015 mobile division has received $ 87 billion, $ 8.5 billion of which is the operating profit, which is 30% less than in 2014.

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