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

CTOnews.com, February 15, according to a recently disclosed regulatory document from Samsung Electronics (Samsung Electronics), the company plans to borrow 2 billion won (currently about 10.74 million yuan) from Samsung (Samsung Display) and is willing to pay 4.6 per cent interest.

According to the regulatory document, Samsung Electronics plans to borrow 2 billion won at an interest rate of 4.6 per cent and plans to repay it by August 2025. Samsung Electronics hopes to borrow the money to run the company and cover daily expenses, including employees' salaries, according to the document.

(note: the above underlined part comes from the SamMobile report, which mentions the operation of enterprises that are used to pay employees' wages. CTOnews.com inquired about Reuters sources and found that there was no mention of paying employees in the article, only to keep the company running. There are also reports (1J2) that the money is used to maintain semiconductor investment. )

CTOnews.com shares Samsung Electronics' previously reported results for the fourth quarter of 2022: revenue fell 8% year-on-year and operating profit fell 69%. Samsung Electronics' full-year profit in 2022 was 43.38 trillion won (currently about 232.951 billion yuan).

Samsung Electronics, Samsung DX and semiconductor divisions did not perform well in the fourth quarter, while Samsung display did well. This is mainly due to Samsung displaying the screens that supply Apple with the iPhone 14 series of models.

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