Samsung’s third quarter net profit dropped 30 per cent compared to the same time last year, in part due to lower prices for certain kinds of memory chips.

The South Korean company said its net profit slid to 1.88 trillion won ($1.8 billion), down from 2.69 trillion won during the third quarter last year. Revenue rose 1 per cent to 14.54 trillion won, the company said.

The company blamed a slower than expected adoption of DDR2 (Double Data Rate 2) DRAM (dynamic RAM) chips and lower prices for NAND Flash memory chips for a 3 per cent year-on-year sales decline at its semiconductor division during the third quarter.

Nearly all of the company's major divisions suffered during the quarter, save its LCD division, which posted a 41 per cent year-on-year increase in sales, and its appliances division, which grew sales 5 per cent year-on-year. The company's handset sales fell 4 per cent compared to the same time last year, Samsung said, while its digital media division reported a 16 per cent decline in sales.

Macworld Conference 2005

October 27-28, 2005. At MacExpo, Olympia National Hall, London

Macworld has gathered the world's best Mac experts for this year's Conference, which focuses on two areas: Mac OS X and profesional design.

Mac OS X: David Pogue (author of many best-selling Mac books, and the technology correspondent for the New York Times) leads the Mac OS X stream, alongside Macworld's hilarious back-page columnist Andy Ihnatko.

Design Pro: Deke McClelland (author of The Photoshop Bible, and inductee of the Photoshop Hall of Fame) runs a masterclass on Adobe Photoshop and other Creative Suite applications, with digital-artist Steve Caplin and photographer Martin Evening. Quark Product Architect Dan Logan flies in from the US to show the world's first full demonstration of the ground-breaking QuarkXPress 7.0.

Discover the hidden tips and tricks utilized by the Mac's top practitioners to dramatically enhance your skills and gain the insights you need to get the most from your technology investment.

Click here for more details.