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UPDATE 2-Samsung Elec tips aloft Q2 distinction on Galaxy S6 sales


* Q1 handling distinction 6 trln won vs 5.9 trln won guided

* Q1 mobile gain collect adult from Q4

* Samsung says Galaxy S6 sales healthy given Apr 10 launch

* Firm tips improved Q2 gain vs Q1, though discreet on H2

(Updates with comments from Samsung, marketplace research)

By Se Young Lee

SEOUL, Apr 29 (Reuters) – Samsung Electronics Co Ltd
on Wednesday conspicuous it expects gain to arise in the
second entertain after posting a tip distinction in three
quarters in January-March, increased by clever direct for a new
Galaxy S6 flagship smartphones.

Samsung’s renewed concentration on settlement after a duration of
stagnation in a smartphone operation appears to be paying
dividends, with researcher Strategy Analytics observant a South
Korean hulk overtook Apple Inc as a world’s top
smartphone builder in a initial quarter.

“Galaxy S6 sales have been going as good as expected, while
demand for a Galaxy S6 corner have been improved than
anticipated,” Samsung Vice President Park Jin-young conspicuous during
a discussion call.

The organisation reported a January-March handling distinction of 6
trillion won ($5.64 billion), in line with a 5.9 trillion won
profit it had guided for progressing this month and a tip in
three quarters.

Earnings for April-June should continue to rise, it said,
with a dual Galaxy S6 models – featuring new settlement flourishes
like steel bodies – expected to mangle a company’s sales record.

Samsung shares have slipped in new weeks on concerns that
the Galaxy S6 phones, on sale given Apr 10, might not sell as
well as initial hoped.

But executives on Wednesday sought to encourage investors
that sales were healthy so distant and that supply problems
associated with a curved-screen S6 corner should be resolved in
the stream quarter.

“I don’t see any inclination within a stream Android camp
that could mount as an choice to Samsung’s high-end
smartphones,” Daewoo Securities researcher Jonathan Hwang said.

Samsung’s mobile division’s January-March handling profit
improved to a three-quarter high of 2.74 trillion won.

But a chips business remained a tip earner during 2.93
trillion won, interjection in partial to surging orders from smartphone
makers including Samsung itself. The association conspicuous it expected
robust chip sales to continue in a April-June period.

Even so, few design Samsung to lapse to a record profits
of 2014 given heightening foe in a tellurian smartphone
market. Apple surfaced Wall Street’s distinction forecasts on Monday as
it sole some-more iPhones in China than a United States for the
first time.

Samsung also warned that a standard attention settlement of a
stronger second half might not be as conspicuous this year due to
risks like a weaker euro and rising marketplace currencies.

The median foresee from a Thomson Reuters I/B/E/S check of
49 analysts tips Samsung’s 2015 distinction during 27.7 trillion won, up
10.8 percent from 25 trillion won in 2014.

($1 = 1,063.7700 won)

(Editing by Stephen Coates)

Article source: http://www.reuters.com/article/2015/04/29/samsung-elec-results-idUSL4N0XO0BT20150429

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