Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
소아쌤

Samsung Electro-Mechanics to supply dual-lens camera modules to Chinese partners

By 김영원

Published : July 22, 2016 - 17:29

    • Link copied

[THE INVESTOR] Samsung Electro-Mechanics said on July 22 that it would start to supply the first batch of its dual-lens camera modules to Chinese smartphone-makers in the July-September period.

“The company is currently working on installing the production facilities for the dual-lens camera modules at its global production factories,” said an executive from the firm in a conference call after announcing its earnings for the second quarter ending June on the day.

Samsung Electro-Mechanics’ camera module / Samsung Electro-Mechanics Samsung Electro-Mechanics’ camera module / Samsung Electro-Mechanics


The Samsung Group affiliate did not unveil the details of its Chinese partners, but Xiaomi is said to be one of them.

The company logged 15.2 billion won (US$13.40 million) in operating profit and 1.62 trillion won in revenue in the second quarter, down 84 percent and up 0.9 percent on-year, respectively.

It cited the temporary cost for the restructuring and layoff process as the reason for the profit drop.

Despite the profit drop, the Korean firm’s share closed up 5.74 percent at 55,300 won on July 22.

By Kim Young-won (wone0102@heraldcorp.com">wone0102@heraldcorp.com)

More from Headlines