Operating profit for the quarter was a record high, posting an increase of KRW 5.
Registers 4Q net profit of KRW Overall, the company reported full-year revenue of KRW Fourth quarter earnings were driven by the components business, with the largest contribution coming from the Memory business that manufactures DRAM and NAND, as orders for high-performance memory products for servers and mobile storage were strong.
Total smartphone shipments decreased due to the lineup optimization of low-end models, while shipments of flagship products, such as the Galaxy Note 8, increased from the previous quarter.
The Consumer Electronics Division, comprising the TV and home appliances businesses, posted gains for the quarter. For home appliances, demand for high-end washing machines and ovens in North America and Europe was responsible for stronger revenue on a YoY basis.
A one-off incentive paid to employees of the semiconductor division also affected earnings. Looking ahead, the first quarter, despite being a traditionally slow season, is expected to show strong demand for memory products used in datacenters.
Shipments of System LSI products are forecast to pick up, as orders for APs and image sensors for flagship devices are expected to improve. In spite of this, Samsung will try to improve profitability by increasing the high-end LCD portion of screens and enhancing productivity of flexible OLED panels, among other measures.
In the first quarter, the company expects the mobile business to improve its earnings, led by an increase in sales of flagship products with the launch of Galaxy S9.
Meanwhile, the Digital Appliances Business will focus on achieving growth by increasing sales of premium products and strengthening marketing. Indemand for NAND is likely to remain strong and market conditions are forecast to be stable.
As for DRAM, the company expects solid demand growth due to new datacenter builds and will increase product competitiveness by expanding 10nm-class process migration. As for Foundry, Samsung will lead the technological process leadership with a risk production of 7-nano.
For the Display Panel business inthe company expects OLED to become a mainstream panel in the smartphone industry and will reinforce its competencies in new applications such as foldable, automotive, and IT displays.
For Mobile inthe company will pursue earnings growth by increasing premium products sales and maintaining profitability of mid-range to low-end products. The Networks Business plans to expand the supply of network solutions for 5G commercialization to major markets including Korea, the U.
The Digital Appliances Business is expected to improve earnings by expanding its B2B business and online sales. Total capital expenditure capex executed in was KRW Investment in the display panel segment reached KRW The total was up significantly YoY because of investments in the Pyeongtaek plant and efforts to address demand for the foundry business and flexible OLED panels.
Looking at the mid to long term, Samsung expects the components business to see demand expand from new applications.
In semiconductors, as demand for high-density memory products for cloud servers and for chipsets required for automotive electronics and AI is expected to increase, Samsung will boost its technology competitiveness with cutting-edge processes and solutions with next-generation packaging.
The OLED panel business will strengthen its competitiveness in the premium segment with the release of foldable panels, and focus on expanding new applications in areas such as automotive electronics by capitalizing on its technology and cost competitiveness.
Samsung will also improve the connectivity and usability of home appliances by expanding the application of Bixby. The Memory Business achieved strong earnings amid favorable market conditions. For NAND, overall demand was strong due to strong seasonality for mobile, particularly high-density mobile products, as well as solid growth for server SSD.Stock analysis for Samsung Electronics Co Ltd (Korea SE) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Redirect Notification As of Nov. 1, , the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc. Samsung is a diverse business with chips, displays, and other technology.
This pays dividends, allowing it to compete on price and increasingly, offer features Apple hasn't gotten to. Learn about Samsung business solutions, providing technology that caters to your industry and enables mobility, connectivity and exceptional performance.
Discover the latest in electronic & smart appliance technology with Samsung. Samsung Electronics posted KRW trillion in consolidated revenue and KRW trillion in operating profit for the first quarter of First quarter revenue was primarily led by Samsung’s Memory Business and increased sales of its flagship mobile products, including the Galaxy S9.
Total. Samsung Group (Hangul: 삼성; Hanja: 三星; Korean pronunciation:) is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate).
Samsung was founded by Lee Byung-chul in as a trading company.