Samsung operates in many areas. Smart phone industry is just one of them. The company, which is one of the most important players in the smartphone market, is right behind Apple in terms of profitability. Korean manufacturer 2022 second quarter results once again demonstrated the success of the company.
Samsung continued its growth in the second quarter
Samsung for the second quarter of 2022, breaking the record $59.4 billion announced consolidated income. Samsung’s operating profit $10.8 billion has reached. Compared to the same period of the previous year 12 percent This level, which is more, is also the level that the company has reached since 2018. highest amount stands out as.
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As in previous years, the company semiconductor or Device Solutions (DS) departments have contributed greatly to these figures. The company continued in the second quarter in a row thanks to the successful figures in the sectors. exceeded historical levels.
DS department in Q2, mostly thanks to server chip demand $21.9 billion consolidated income and $7.7 billion operating profit explained. However, for consumer products such as mobile phones and computers, chip requestrealized much weaker than expected due to the problems experienced in the macro economy.
The company also to consumer devices It expects demand to remain weak. Even if demand continues to fall can affect the entire industry. is stated. As might be expected, Samsung’s smart phone department is also badly affected by this situation.
The company’s mobile division decline in income In addition to seasonal effects, geopolitical problems and inflation concerns were cited as the reason. Samsung also component and logistics costs. He stated that it had a negative impact on the profitability of the business, so the profit was lower compared to the previous quarter.
tech giant, smartphone sales It does not expect it to increase in the next quarter. Due to long-term geopolitical problems and economic uncertainties, demand for new phones It is estimated that it will probably remain the same as last year.
Despite all these negative conditions, Samsung has significantly increased its revenues. So what do you think about the Samsung signed smartphone and other products? You can share your views with us in the comments section.