(Cheonan, January 2011)
Korea Computer Inc.(KOSDAQ, 054040) posted the record high consolidated financial result of the fiscal year ended December 31, 2010. Sales amounted 376.8B Korean Won, up 60.3% compared to the previous year, and its operating profit was 13.9B Korean Won, up 121% year-on-year. Korea Computer¡¯ performance was driven by strong demand for LCD/LED TV and smartphones from customers including Samsung Electronics. In its earnings guidance disclosed early January 2011, Korea Computer estimates a sales figure at 380B Korean Won in 2011 and plans to broaden customer basis by recruiting global customers in the emerging market as well as a well-established consumer market.