Samsung has stated its global vision of becoming "one of the top three electronics companies in the world in quantity and quality by 2010." Despite touching sales of $55.3 billion in 2004 – a 32% increase yoy (and despite profits of $10.5 billion – an 81% increase yoy), Samsung seems to have delivered poor results for the quarter ending September. Still, Samsung’s three divisions, namely emiconductors, telecommunication and digital media, have suffered a yoy sales fall of 3%, 5% and 16% respectively.
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Source: IIPM Editorial, 2006