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In 2020, Samsung weathered the pandemic by posting a document excessive for income within the third quarter of 66.96 trillion gained. The corporate simply revealed that it set one other document for a similar interval in 2021, reaching 73.98 trillion gained, or about $63 billion. Whereas its income was up about 10 %, Samsung says its earnings grew by 26 % from final 12 months to hit 15.82 trillion gained ($13 billion).
Regardless of a scarcity of key chips worldwide, the reminiscence chips and processors Samsung makes that go into the whole lot from servers to cell phones are in as a lot demand as ever. Shifts to hybrid work imply have corporations shopping for extra SSDs, CPUs, and RAM for servers
Samsung will “reorganize” to concentrate on quantum dot 4K TVs as a substitute of LCDs
Because the world’s largest chipmaker, excessive costs for reminiscence chips imply excessive earnings for Samsung, even when rising prices for uncooked supplies and logistics reduce into the earnings of its client electronics division. Gross sales for its reminiscence division particularly had been up 46 in comparison with the identical interval final 12 months, whereas earnings for the semiconductor division as a complete almost doubled, going from 5.54 trillion gained to 10.06 trillion gained (~$8.5 billion) (pdf).
Samsung can be the world’s largest cellphone maker and says that it noticed robust demand for foldable like its Galaxy Z Flip 3 and Galaxy Z Fold 3 and the low- to mid-range Galaxy smartphones it produces.
Regardless of stories of doable manufacturing points and slashed manufacturing targets for Apple’s iPhone 13 lineup, Samsung says its cell show earnings rose “pushed by demand for newly launched merchandise from main smartphone clients.” Essentially the most main buyer that Samsung offers its cell OLED shows to is Apple, and that firm will report its quarterly earnings tomorrow.
Wanting into the long run, Samsung expects strong earnings for its cell shows in This autumn, and never simply due to telephones. There’s demand for OLED in bigger gadgets like laptops, tablets, and particularly sport consoles like Nintendo’s new Change OLED, which makes use of a Samsung-made panel.
So far as its TV enterprise, the corporate is concentrated on the high-end, saying that it’s on observe to start out producing new quantum dot-based units that can proceed Samsung’s battle towards OLED TVs from LG.
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