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Samsung Q4 profit rises 17 % on phones, flat panels

South Korea's Samsung Electronics Co. reported a 17 percent jump in fourth quarter profit on the strength of smartphone sales even as the company battled claims it had copied Apple's iPhone. Samsung said on Friday in a regulatory filing that its net profit reached 4 trillion won ($3.5 billion) in the three months that ended in December. The company earned 3.4 trillion won in the same quarter a year earlier. The Suwon, South Korea-based company said its operating profit jumped 75.8 per cent to 5.3 trillion won in the fourth quarter. The figure was closely in line with the company's estimate earlier this month of a 73 per cent rise. In contrast to this, mobile phone maker Nokia posted a fourth quarter net loss of $1.4 billion, as sales slumped 21% even as the companys first windows smartphone hit markets in Europe and Asia. Nokia has lost its once dominant position in the global cell phone market, with android phones and iPhone market, with android and iPhones overtaking it in the growing smartphone market. As Board of Directors in Nokia Corp, discuss the problems through competitive analysis and suggest a detailed plan on how can Nokia tackle the problem of decreasing sales revenue and repeated drop in market share. The team should comprise of a Chief Marketing Officer(CMO), a Chief Financial Officer( CFO), a Chief Operations Officer(COO) and a Chief Executive Officer( CEO) of Nokia Corporation The case study would be evaluated on Practicality of ideas Clarity of thought Co-ordination amongst the board Use of facts and figures.

The presentation should comprise maximum of 20 slides (Times New Roman 12 Font ) in *.ppt format.

The first slide should mention 1) Name of College 2) Name of the team leader ( The CEO) and the team name 3) Name of participants and their roles( CFO, CMO, COO) In the subject line of the mail which would contain the ppt , maintain the file name and the subject line as BOD_ College Name_ Leader Name , Mention your contact details in the main body of the mail.

The entries should be mailed positively by 4th February 2012 by 23:59 hrs. Entries would not be entertained later. Solutions to the case study have to be sent to bestbod.dhruv@gmail.com

For any kind of Queries contact: 1) Pinaki DasGupta: 9821048260 2) Anuj Nagpal: 9766950002 3) Sushrut Shendre: 7709152289 The shortlisted teams would be informed by mail and also would be contacted on phone by 6th February 2012.

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