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

Thanks to CTOnews.com netizen Brother Black fly's left hand clue delivery! CTOnews.com January 31 news, Samsung Electronics is now announcing the fourth quarter of 2022 results. Samsung Electronics made a net profit of 23.5 trillion won in the fourth quarter, with an estimated 4.71 trillion won.

Samsung's full-year revenue in 2022 was 302.23 trillion won ($245.5 billion), up 8.1% from a year earlier and an all-time high. Revenue in the fourth quarter was 70.5 trillion won ($57.2 billion), down 8 per cent from a year earlier.

Samsung Electronics made a fourth-quarter operating profit of 4.31 trillion won (estimated at 5.82 trillion won) due to a slowdown in sales of MX smartphones, a further drop in memory prices and a valuation loss on inventory assets.

Due to the global economic slowdown and sluggish demand, Samsung Electronics' sales were 70.46 trillion won (estimated at 71.93 trillion won), down 8.2% from the previous quarter. On an annualised basis, however, sales still hit an all-time high of the previous year.

Samsung Electronics is said to have earned 15.58 trillion won in consumer electronics this quarter, compared with analysts' previous estimates of 15.48 trillion won. In addition, Samsung also pointed out that despite the decline in memory sales in difficult market conditions, the contract manufacturing business still achieved the highest quarterly sales.

Its facility investment in the fourth quarter was 20.2 trillion won, of which 18.8 trillion won for DS and 400 billion won for SDC. In terms of memory, we invest in expanding the application of advanced technologies such as EUV to strengthen the infrastructure construction and future competitiveness of Pinze 3rd and 4th, and to ensure the next-generation R & D infrastructure, with the focus on expanding its capacity for advanced technologies in Pinze and building the initial 3nm capacity and infrastructure for the Taylor plant in the United States to meet future needs, while SDC focuses on expanding small and medium-sized flexible production capacity and investment infrastructure.

Tuyuan Pixabay Samsung Electronics said that consumer confidence deteriorated in the fourth quarter of last year, and the price of memory chips fell further. CTOnews.com learned that Samsung Electronics expects weak demand for devices and chips in the first quarter, and that demand for smartphones is expected to decline in the first quarter from a year earlier due to economic slowdown in major regions, and demand for smartphones is expected to shrink in 2023 due to continued macroeconomic conditions.

This year, Samsung's DS (device Solutions) division plans to further strengthen its market and technology leadership for the future through infrastructure investment, while increasing the proportion of high-tech processes and products such as DDR5, LPDDR5x and GAA (Gate-All-Around).

Memory chip business has always been the biggest source of profit for Samsung Group, and it is also the biggest help to support other unprofitable businesses, but at present, Samsung memory chip business is in the doldrums or even can not escape losses, which may affect the development of its mobile phone industry. and then affect the price and pull strategy of the relevant mobile phone supply chain. According to industry analysts, Samsung's mobile phone business has already been hit hard by the cold wind in the mobile phone market, and now the memory chip business is also facing a collapse, which is likely to allow Samsung to re-evaluate its strategic layout of the mobile phone market.

In addition, Samsung Electronics expects semiconductor equipment investment (CAPEX) to fall to about 32 trillion won this year from about 39 trillion won last year. Some analysts said that Samsung's investment in the fourth quarter postponed some of the investment originally scheduled for the fourth quarter of last year to this year, far less than expected.

Samsung believes that the first quarter will continue the global downturn in IT demand and weakness in the semiconductor market.

In terms of memory, Samsung Electronics plans to expand its capacity reserves to meet the DDR5 needs of servers and PC, while actively responding to the needs of mobile high-capacity products such as LPDDR5x.

System LSI plans to expand sales of low-and medium-priced SoC and 200 megapixel image sensors, and expand the supply of car SoC to high-end OEM and self-driving products in Europe.

Samsung said it expected contract manufacturing revenue to decline as global economic growth slowed and inventory adjustments at major fab-free companies led to falling demand.

In addition, SDC plans to actively respond to the demand for new products for small and medium-sized televisions and to ensure additional demand for large screens by introducing new oversized TVs and large monitors.

Samsung's MX division plans to expand sales of flagship products such as the Galaxy S23 and continue to strengthen sales of high-end tablets and wearable products. As competition in the smartphone market intensifies and the effects of the recession persist, the company plans to continue its efforts to ensure profitability, such as effective resource management.

In terms of communications business, its network plans to focus on new business, while strengthening its overseas business base in North America and at home. Looking ahead to 2023, the network plans to maintain sales growth by responding to the expansion of major overseas operations in a timely manner, and to continue to strengthen technology leadership such as 5G core chips and virtual base stations (vRAN).

In household appliances, the company plans to expand sales of high-end products by launching new products such as the BESPOKE Infinite series, and focuses on ensuring profitability through cost efficiency.

In other areas, VD plans to provide customers with a richer and more valuable user experience by strengthening product competitiveness and connectivity between devices, and focusing on 2023 Neo QLED to capture the needs of the high-end market.

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