Samsung Electronics announced its first half year financial report for January to June, 2017 and posted a 61% gain year-onyear to 23.9 trillion Korean won (about US$21.29 billion) in operational profit. Over 20 financial analysts forecast the operational profit for the whole year to December 2017 will record high at 51 trillion won (US$45.44 billion). For the six month period, it seems that of DRAM took 30%, NAND flash memory 15% taking advantage of short supply of memories for smartphones and servers. On top of that, the company has added the profit of OLED panels for smartphones on the good going of the profit, as it seems to have started shipment of the panels to Apple at the end of May to early June. Some analysts estimate Samsung will ship approximately 80 million to 90 million units during 2017, which will be 170 million units in 2018. The profitability of DRAMs is very high reaching to about 60% in the profitability on sales. Samsung seems to draw a picture to leave Toshiba behind in the flash memory improvement race by investing money earned in the DRAM business.
Nikon Corp. announced on August 3 the financial results for the first quarter ending on June 30, reporting that the total revenue for the period gained a 0.6% year-on-year to 170.3 billion yen, profit in operation declined 31.1% to 12.4 billion yen and net profit down 39.5% to 8.89 billion yen. In the Imaging Products segment, sales of mid-class cameras such as the D7500, a digital SLR camera released in June this year were firm, with unit sales increasing significantly in the U.S. Accordingly, the performance in revenue and operating profit exceeded the planned targets, but compared to the last year, a decease in revenue and operating profit was recorded due to a product mix change caused by the stagnant demand for the D5 and the D500. The company sold 720,000 units of interchangeable-lens cameras, 1.08 million units of interchangeable lenses and 770,000 compact digital cameras. The company said the unit sales of compact digital cameras declined but the average unit price rose about 30%.
As an attempt to strengthen its customer relationship, Motorola recently inaugurated an experiential retail store ‘Moto Hub’ in India. With this move, Motorola will be able tp provide its customers with an opportunity to experience the full portfolio and purchase Motorola products under one roof. The first six Moto Hubs have been launched at the following locations: -Great India Place, NOIDA -Logix Mall, NOIDA -Shipra Mall, Indirapuram -Xperia Mall, Dombivali, Mumbai -Korum Mall, Thane, Mumbai -Viviana Mall, Thane, Mumbai By the end of this financial year, the company aims at opening 50 Moto Hubs across the top tier towns in India. Housing all the device that exclusively available online, these one-stop-shops will showcase a complete portfolio of Motorola devices,.This includes Motorola accessories like on-ear and in-ear headphones, moto shells, covers etc. The company also provides various inaugural offers where the buyers will get a free Motorola accessories on the purchase of Motorola E, C and G series. The company will also provide a discount of 50% on MODS on the purchase of Moto Z2 play, along with easy EMI options to choose from. Sharing his thoughts at the inaugural event, the Managing Director of Motorola Mobility India, Sudhin Mathur said, “At Motorola, we understand our consumers’ needs and focus on providing them meaningful mobile experiences. We believe with the launch of this new retail channel ‘Moto Hub’, we are giving the customers an opportunity to get access to the complete Motorola portfolio, our technology and devices, in an environment that is more open, fun and very uniquely Motorola.”