tech giant Samsungis preparing to present its financial report for the second quarter of this year. Before the official report, the first forecasts came from market analysts. According to this, smart phone Samsung, which experienced a decrease in sales, semiconductor record growth in supply. The company’s operating profit It turned out that it increased by more than 15 percent compared to a year ago.
Samsung’s smartphone revenue plummets, chip jumps
Despite the decrease in sales in some business lines such as smartphones, Samsung continues to grow. The financial statement for the second quarter revealed a noticeable increase in sales and net income. It was stated that the chipset division of the Korean manufacturer grew by 42 percent, earning $ 7.4 billion.
Success in the semiconductor chip failed to show itself in smartphone shipments. Examining the past three months, Samsung’s smartphone shipments 16 percent fell around. In addition, the operating profit in this section $457 million was stated.
The fate of the Samsung Galaxy Note series has been announced!
TM Roh, head of Samsung’s mobile division, made the expected statement about the Galaxy Note series, which did not fall on the agenda with the claims of cancellation.
In addition to the decline in the smartphone and top success in semiconductor chips, the company’s display/panel manufacturing business Samsung DisplayThe faces were not smiling either. Operating profit compared to one year ago $228 million drop turned out to be alive.
The white goods sector was also stagnant with the increase in raw material costs and inflation. Analysts predict that Samsung’s white goods arm will fall by more than 50 percent compared to 2021.
As a result of smartphone, semiconductor chip, display, white goods and other activities, it turned out that Samsung generally made a profit. Compared to data from one year ago growing 15.6 percent The South Korean producer posted an operating profit of $11 billion in the second quarter.
The company also increased its sales in the second quarter on an all-product basis. Earning $58 billion in just three months, Samsung increased its sales by around 20.6 percent. Your net income increased by 19.8 percent annually. $8.5 billion expected to last.
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