Samsung Electronics Q3 profit innovation high

Recently, according to the third quarter operating results released by Samsung Electronics on the 25th, sales in the third quarter increased by 13.2% year-on-year to 59.0835 trillion won (approximately 338.1 billion yuan), and operating profit increased by 26.1% year-on-year. 10.16 trillion won. This exceeded the single-season record set in the second quarter of this year – sales of 57.46 trillion and operating profit of 9.53 trillion won.

Samsung's third-quarter success was mainly attributed to the strong performance of the semiconductor business unit due to strong demand in the memory market and strong sales momentum for important products such as smartphones. Semiconductor sales reached KRW 9.74 trillion and operating profit reached KRW 2.06 trillion. In terms of IM (IT, mobile), sales of smartphones and tablet PCs were driven by sales of 36.57 trillion won and operating profits of 6.7 trillion won. CE (consumer electronics) also benefited from sales of full HD TVs and large-size TVs over 50 inches, and achieved sales of 12.05 trillion and operating profit of 3.05 trillion won.

Samsung Electronics predicts that generally the fourth quarter will be the peak sales season, and the demand for major products is expected to increase. However, uncertainties in the global market and currency instability in emerging markets are still negative factors that hinder performance improvement, and competition among companies will further increase. Intensified.

In addition, Samsung Electronics invested 2.6 trillion and 1.9 trillion won in equipment funds for semiconductors and display panels in the third quarter. In the first three quarters of this year, Samsung Electronics invested a total of 15 trillion won. Samsung Electronics expects that in the fourth quarter, with the implementation of dynamic random access memory technology upgrades in China, the establishment of a research institute, the construction of a semiconductor factory in Xi’an, China, and investment in the Suzhou LCD plant, the cumulative investment scale this year is expected to surpass the expected 240,000. 100 million won.