All of our major businesses, namely semiconductor, telecom and LCD are seeing definite improvement compared with the second quarter.
The vast majority of the digital media division's sales come from overseas operations. Domestic operations are only focusing on research and development.
December's usual inventory write-offs and increased marketing costs led the operating profit margin to fall to 8 pct from 11 pct a quarter earlier.
We can't keep up with orders now, especially TV panels.
Considering that we spent more on marketing in the digital media sector and set aside 1.3 trillion won in incentives for our employees after scrapping stock options, our actual operating profit should be around 2.8 trillion won.
Profit levels declined in the past quarter because of market challenges such as the exchange rate. Excluding the exchange rate variable, the financial results were on the whole reasonable.
Overall, the momentum we are facing is very strong now, the performance is very healthy. We expect this to continue on to the first half.
Despite challenging market conditions, we achieved strong profit growth in the fourth quarter driven by healthy, solid results in our key business units and overseas subsidiaries.
Demand has been unusually very strong. It's unbelievable.
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