Samsung Electronics, the world's top memory chipmaker, said it expects the global personal computer market to shrink by 5 percent this year as consumer demand continues to shift to mobile devices such as tablet computers.The PC market declined for the first time in 11 years last year, according to research firm IHS iSuppli.
The company announced its financial results on Friday and said net profit soared 75.6 per cent to a record 7.04 trillion won ($6.6 billion) in the fourth quarter of 2012, driven by strong smartphone and memory chip sales.
The world's largest technology firm by revenue and top smartphone maker also saw a record operating profit in October-December of 8.84 trillion won, up 89.7 per cent from a year earlier.
The figures were largely in line with Samsung's guidance released earlier this month.
For all of 2012, Samsung logged a net profit of 23.8 trillion won, with revenue and operating income reaching 201.1 trillion won and 29.05 trillion won respectively.
The company said growth in the fourth quarter was mainly driven by "solid sales" of its flagship Galaxy S3 and Galaxy Note 2 smartphones.
The figures were largely in line with Samsung's guidance released earlier this month.
For all of 2012, Samsung logged a net profit of 23.8 trillion won, with revenue and operating income reaching 201.1 trillion won and 29.05 trillion won respectively.
The company said growth in the fourth quarter was mainly driven by "solid sales" of its flagship Galaxy S3 and Galaxy Note 2 smartphones.
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