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

Thanks to CTOnews.com netizens West window past, South China Daniel Wu's clue delivery! According to CTOnews.com news on July 7, Samsung Electronics today released its expected results for the second quarter of 2023. Second-quarter sales were 60 trillion won (CTOnews.com Note: currently about 333 billion yuan), down 22.3% from a year earlier, basically in line with expectations.

Samsung's second-quarter operating profit was 600 billion won (currently about 3.33 billion yuan), down 95.7% from a year earlier, 231% higher than the 181.3 billion won compiled by Yonhap and higher than the forecast of 27 Refinitiv SmartEstimate analysts (555 billion won).

▲ source Samsung Electronics official website specifically, Samsung Electronics officially gave a range estimate, the above figure is the official median.

Sales: 59 trillion ~ 61 trillion won

Operating profit: 500 billion ~ 700 billion won

▲ Samsung Electronics 2023 Q1 and 2022 Q2 revenue data according to TrendForce, the price of DRAM memory chips, which are widely used in smartphones, personal computers and servers, continued to decline in the quarter, falling by about 13%. The reason is that chip buyers choose to run out of inventory instead of buying new chips. However, as Samsung Electronics and its peers choose to cut supply, the decline in memory chip prices has slowed compared with previous quarters and is expected to bottom out around the third quarter, with a significant recovery next year, analysts said.

Analysts pointed out that Samsung Electronics' loss in the current quarter was mainly due to a further drop in the price of memory chips and a sharp reduction in inventory value. this will lead to a quarterly loss of 3 trillion-4 trillion won (currently about 16.71 billion-22.28 billion yuan) in Samsung Electronics's chip division, traditionally the largest profitable division.

Samsung Electronics will release detailed revenue figures later this month, when it will be able to see the revenue of each business.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.