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Global demand for chips is weak, analysts expect profits of Samsung Electronics and SK Hynix Q3 to decline

2025-02-07 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

September 26 news, according to foreign media reports, the current global memory chip market is not optimistic, a number of institutions are expected to be affected by the decline in demand, the price of NAND flash memory and DRAM will fall by more than 10% in the third quarter.

The decline in the price of memory chips means that the performance of memory chip manufacturers will be affected. South Korean media reported that analysts expect Samsung Electronics and SK Hynix, the two major memory chip makers, to have a bleak profit outlook in the third quarter.

According to South Korean media reports, several analysts expect Samsung's third-quarter operating profit to be 12.8 trillion won, or about $9 billion, down 18.6% from a year earlier. SK Hynix's third-quarter operating profit is expected to be 2.59 trillion won, down 37.8% from a year earlier.

Although Samsung Electronics has a wide range of businesses, including smartphones, panels and many other businesses, the device solutions department where the memory chip is located has always been their main source of profit. In the second quarter of this year, Samsung Electronics' overall operating profit was 14.1 trillion won, of which the device Solutions Division contributed 9.98 trillion won. The revenue and profit of memory chip business will directly affect the revenue and profit of Samsung Electronics as a whole.

According to foreign media reports, Samsung Electronics and SK Hynix, the two major memory chip manufacturers, are currently facing double downward pressure on shipments and average prices. In terms of DRAM, analysts expect Samsung's shipments to fall 3% and the average sales price to fall 17%.

In addition to the third quarter, the situation of memory chip manufacturers in the fourth quarter of this year is not expected to be optimistic. Last week, a research institute predicted that the price of DRAM is expected to fall by 13%, 18% in the fourth quarter, up from 10% in the third quarter.

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