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Last updated: January 24th, 2014 at 12:02 UTC+01:00
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Samsung's revenue still hit an all-time high of 59.3 trillion won but a marginal jump from the previous high of 59.1 trillion won.
Samsung attributes the profit decline to the marketing spend and a one-time expense that also includes employee bonuses.
Samsung's IT & Mobile Communications (IM) division was understandably, the best performing business unit with an operating profit of 5.47 trillion won on a revenue of 33.89 trillion won. The mobile business contributed a whopping 32.17 trillion won.
Going forward this year, Samsung expects to be aggressive in the tablet market and we think Samsung will have to prove a thing or two when they announce their flagship smartphones – Galaxy S5 and Galaxy Note 4 later this year.
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