Forums - Sales Discussion - Samsung Reaches Record After Sony, Panasonic Cut: Seoul Mover

 

Samsung Reaches Record After Sony, Panasonic Cut: Seoul Mover

 

Samsung Electronics Co. (005930) rose to a record in Seoul trading a day after Fitch Ratings cut Sony Corp. (6758) and Panasonic Corp. (6752) to junk, improving the chances of the world’s biggest maker of TVs to extend its dominance.

The stock rose 1.4 percent to 1,437,000 won, its biggest five-day advance since Aug. 1, according to data compiled by Bloomberg. The shares have risen 36 percent this year, valuing the Suwon, South Korea-based company at 212 trillion won ($195 billion), making it the 15th-biggest in the world by market capitalization, according to data compiled by Bloomberg.

Sony and Panasonic, reeling from record losses, will struggle amid a strong yen and weakened economic conditions in Japan and overseas, Fitch said yesterday in downgrading the companies to junk for the first time. Unlike Samsung, which is expanding with record spending and profits, Japanese electronics makers are shuttering factories and firing workers after struggling much of the past two decades without hit products to take on Apple Inc. (AAPL), Samsung and LG Electronics Inc. (066570)

“Samsung will benefit from the crumbling of its Japanese rivals,” Kim Hyung Sik, a Seoul-based analyst at Taurus Investment & Securities Co., wrote in a report today. “On top of smartphone sales, Samsung is also boosting its market share with tablet computers.”

Sony’s rating was cut by three levels to BB-, three steps below investment grade, with a negative outlook, Fitch said. Panasonic’s was lowered two levels to BB, also with a negative outlook, the ratings company said in a separate statement. Both companies had their short-term ratings reduced to B from F3.

Stable Outlook

Samsung is rated A+ at Fitch with a stable outlook.

Sony had 7 percent of the global TV market in the quarter ended Sept. 30, down from 8.4 percent the previous quarter, according to DisplaySearch. Panasonic dropped to 6.2 percent from 6.8 percent in the same period. Samsung remained No. 1 with 25.2 percent, according to the researcher’s website.

Separately, a U.S. judge in San Jose, California, yesterday ordered Apple to tell Samsung about the financial terms of a licensing agreement with HTC Corp. (2498)

That order came after Apple won a $1.05 billion patent- infringement verdict in a jury trial against Samsung as the world’s two-biggest smartphone makers battle in courts across four continents regarding technology in their mobile phones.

U.S. Magistrate Judge Paul Grewal ordered Cupertino, California-based Apple to produce a copy of the agreement with HTC under an “attorneys-eyes-only” designation, meaning it won’t be publicly available.

HTC, which is based in Taoyuan, Taiwan, isn’t entitled to special treatment, especially since it has recognized the general sufficiency of the protective order and the integrity of Samsung’s outside counsel, Grewal wrote.

 

http://www.bloomberg.com/news/2012-11-23/samsung-reaches-record-after-sony-panasonic-cut-seoul-mover.html



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The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.



kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.



Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.


yeah, whatever.



Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.

Its a slow climb, but its climbing. God forbid we have more choice then IOS and Android software.



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sales2099 said:
Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.

Its a slow climb, but its climbing. God forbid we have more choice then IOS and Android software.

Consumers don't like Windows phones, mobile carriers hate them and the biggest Win phone maker Nokia is dead.

How can you not see it has failed?



Slimebeast said:
sales2099 said:
Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.

Its a slow climb, but its climbing. God forbid we have more choice then IOS and Android software.

Consumers don't like Windows phones, mobile carriers hate them and the biggest Win phone maker Nokia is dead.

How can you not see it has failed?

Im seeing reports that the latest Win Phone is selling out. Thats why. Its slowly increasing marketshare, not lowering.



sales2099 said:
Slimebeast said:
sales2099 said:
Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.

Its a slow climb, but its climbing. God forbid we have more choice then IOS and Android software.

Consumers don't like Windows phones, mobile carriers hate them and the biggest Win phone maker Nokia is dead.

How can you not see it has failed?

Im seeing reports that the latest Win Phone is selling out. Thats why. Its slowly increasing marketshare, not lowering.

lol you gotta be kidding? What Win Phone is "selling out"? And you don't question those reports?

The only reason why Win Phone increased from 2% to 3% in the last year is because Nokia adopted the platform and killed off the rest of its business. But Nokia is taking its last breaths.



Slimebeast said:
sales2099 said:
Slimebeast said:
sales2099 said:
Slimebeast said:
kowenicki said:
The market is certainly opening up for Samsung to clean up.

TV market is going the way of smartphones. Samsung can do no wrong at the moment.

They utterly dominate in mobile phones. Everyone else is fighting for whats left. The new Samsung Ativ Windows 8 is very nice for example.

http://www.samsung.com/global/ativ/ativ_s.html#features


I cant see how the former Japanese giants can compete on any level.

That's not an Android phone. Windows 8 phones have no future. The Metro design has been out for over a year and yet Windows phones only have a 2-3% marketshare. Consumers simply don't want them.

Its a slow climb, but its climbing. God forbid we have more choice then IOS and Android software.

Consumers don't like Windows phones, mobile carriers hate them and the biggest Win phone maker Nokia is dead.

How can you not see it has failed?

Im seeing reports that the latest Win Phone is selling out. Thats why. Its slowly increasing marketshare, not lowering.

lol you gotta be kidding? What Win Phone is "selling out"? And you don't question those reports?

The only reason why Win Phone increased from 2% to 3% in the last year is because Nokia adopted the platform and killed off the rest of its business. But Nokia is taking its last breaths.

Then MS takes its phone to someone else. This is really just a dead end with your MS doom posts. MS is pretty financially stable



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I got a Samsung Tv and im loving it!

i wont buy any other Tv that is not Samsung... Samsungs means Quality. Period.