Info-Tech

Samsung’s Q3 earnings hits a original fable excessive

In 2020, Samsung weathered the pandemic by posting a fable excessive for earnings in the third quarter of 66.96 trillion won. The corporate graceful published that it field one other fable for the identical period in 2021, reaching 73.98 trillion won, or about $63 billion. While its earnings was up about 10 p.c, Samsung says its earnings grew by 26 p.c from closing twelve months to hit 15.82 trillion won ($13 billion).

Despite a lack of key chips worldwide, the reminiscence chips and processors Samsung makes that rush into every little thing from servers to mobile telephones are in as critical inquire of as ever. Shifts to hybrid work imply maintain companies shopping more SSDs, CPUs, and RAM for servers

As the sector’s biggest chipmaker, excessive prices for reminiscence chips imply excessive earnings for Samsung, even though rising charges for raw materials and logistics decrease into the earnings of its particular person electronics division. Sales for its reminiscence division particularly maintain been up 46 when put next with the identical period closing twelve months, while earnings for the semiconductor division as a full on the subject of doubled, going from 5.54 trillion won to 10.06 trillion won (~$8.5 billion) (pdf).

Samsung will almost definitely be the sector’s biggest phone maker and says that it seen stable inquire of for foldable love its Galaxy Z Flip 3 and Galaxy Z Fold 3 and the low- to mid-vary Galaxy smartphones it produces.

Despite studies of imaginable manufacturing points and slashed manufacturing targets for Apple’s iPhone 13 lineup, Samsung says its mobile allege earnings rose “driven by inquire of for newly launched products from main smartphone clients.” The most main buyer that Samsung affords its mobile OLED displays to is Apple, and that company will file its quarterly earnings day after today.

Having a explore into the future, Samsung expects stable earnings for its mobile displays in Q4, and no longer graceful due to telephones. There’s inquire of for OLED in elevated devices love laptops, medications, and especially sport consoles love Nintendo’s original Swap OLED, which makes use of a Samsung-made panel.

As a ways as its TV industry, the corporate is furious relating to the excessive-cease, asserting that it’s heading in the correct direction to originate producing original quantum dot-based completely completely sets that can proceed Samsung’s fight in opposition to OLED TVs from LG.

Content Protection by DMCA.com

Back to top button