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Chip prices continued to rise, Samsung expected Q3 profit to hit a three-year high

Wechat scanning QR code < / P > < p > to share with friends and circles of friends < / P > < p > financial Associated Press, October 8 - Samsung Electronics had sales of 73 trillion won in the third quarter, with a market estimate of 73.47 trillion won; The operating profit in the third quarter was 15.8 trillion won, and the market forecast was 15.75 trillion won < p > 12:57 update: < / P > < p > chip prices continued to rise. Samsung expected Q3 profits to reach a three-year high < / P > < p > < / P > < p > financial Associated Press (Shanghai, editor Bian Chun) news. Samsung Electronics, the world's largest manufacturer of memory chips and smart phones, said on Friday (October 8) that driven by the rise in memory chip prices and smartphone display sales, The company's operating profit in the third quarter may increase by 28%, reaching the highest level in three years < p > * * Samsung estimates that the company's profit from July to September was 15.8 trillion won (about US $13.3 billion), slightly lower than the 16.1 trillion won estimated by financial research firm refinitiv smartestimate. This will be the best quarterly profit since the third quarter of 2018 < p > Samsung also said that the total revenue in the third quarter may increase by about 9% over the same period last year, reaching a record 73 trillion won** The company will release detailed results later this month < p > Cape Investment & amp; Park sung soon, an analyst at securities, said that the operating profit margin of Samsung's mobile business may be lower than market expectations < p > analysts said that the sales of the new flagship smartphone will reach 2 million within one month, indicating that Samsung's foldable phone is expected to occupy more mass market than last year. However, this good situation may be offset by higher component costs caused by marketing costs and global chip shortage < p > the price of memory chips and the sales volume of display screen pushed up profits < / P > < p > analysts said that the rising price of memory chips and the increase in shipments, coupled with the significant improvement in the profitability of Samsung's chip OEM business, may increase the operating profit of the chip Department by about 79% over the same period last year < p > from the performance in the first half of the year, semiconductors accounted for about half of Samsung's operating profit

Samsung shares rose slightly on Friday, hitherto unknown semiconductor shortages during COVID-19 supported Samsung's performance and share price. p> < p > Samsung's share price soared 45% last year and set an all-time high in 2021. However, with the improvement of the epidemic and the gloomy prospect of memory chips, Samsung's share price is under pressure. Samsung's us peer Micron Technology Inc warned last month that memory chip shipments may decline in the short term < p > analysts said that Samsung's operating profit in the fourth quarter is expected to be the same as or slightly lower than that in the third quarter, and pointed out that with the relaxation of global blockade measures, the price of memory chips for personal computers will decline from the fourth quarter, and the shipment of smart phones may also decline. < / P > < p > in addition, analysts also said, Samsung's display division may have a strong performance in the third quarter, as its main customer Apple increased orders before the release of the iPhone 13 series at the end of September < p > it is worth noting that the chip OEM business is expected to become a highlight of Samsung next year. The company announced on Thursday that it plans to start producing cutting-edge 3-nanometer chips in the first half of 2022, and mass production can be realized next year, and mass production of 2-nanometer chips will begin in 2025, competing with industry leader TSMC, in an attempt to seize advanced technology and win customers


2023-03-22 10:04:45

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