Business Services Industry
SAMSUNG ELECTRONICS AMONG WORLD'S TOP IT FIRMS.
AsiaPulse News, November, 2003
SEOUL, Nov 19 Asia Pulse - Samsung Electronics Co. (KSE:05930) ranks among the world's top information technology companies in terms of key barometers of financial health, according to an analysis by local and overseas brokerages Wednesday.
The analysis showed Samsung's annual turnover is estimated to reach US$36.4 billion this year, far exceeding Dell Inc.'s .4 billion, Microsoft Corp.'s $32.1 billion and Toshiba Corp.'s $27.9 billion.
Samsung's estimated turnover, calculated on the basis of results in the first nine months, would also be greater than Nokia's $30.6 billion, Intel's $28.5 billion and Motorola's .3 billion, it said.
Measured in terms of earnings before interest, taxes, depreciation and amortization (EBITDA), Samsung posted $8.8...
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