The second quarter earnings report released by Samsung Electronic Thursday showed that in the semiconductor and display panel business, the sales of 63.67 trillion won, an increase of 20.2% from the same period last year, and set the highest record in the second quarter.
The company said in a regulatory document that the second quarter of operating profit was 12.56 trillion won, a year-on-year increase of 54.3%; net profit was 9.63 trillion won, an increase of 34.9% from the previous quarter, a year-on-year increase of 73.4%, basically in line with the beginning of this month. Published performance guidelines are higher than analysts.
In terms of specific business, the semiconductor sector achieved sales of 22.7 trillion won, an increase of 24.7% from the same period last year, and the operating profit was 6.93 trillion won, which was 27.6% year-on-year. Compared with the first quarter, sales increased by 19.6%, and the operating profit increased by more than 2 times.
Samsung Electronics said that "the profits of memory services have grown significantly higher in the first quarter, mainly due to strong demand for server and personal computer memory, and the average sales price of DRAM and NAND chips is higher than expected." Due to the US Austin Factory Operating normalization and chip supply capacity have achieved maximization, and the revenue of the foundry has improved.
Earlier this year, the State of the United States suddenly blizzard, and there are several regions that caused Samsung to close the operation in the local wafer factory for a month. On the time when the global solution production capacity, the 3-star plant is gradually returned to normal.
Compared to the strong growth of the semiconductor sector, the performance performance of IT Mobile Communications (IM) department is relatively poor. The sector sales were 22.67 trillion won, an increase of 9.3% over the same period last year, and the operating profit was 3.24 trillion won, an increase of 66.2% over the same period last year. However, compared with the previous quarter, sales drops 22.4%, and the operating profit fell by 26.2%.
Samsung Electronics pointed out, "Since the seasonal weakness and the new crown epidemic, the overall market demand has been reduced in the first quarter." Mobile communication business is due to the lack of supply of parts and the production of the Vietnam factory, sales have been in the first quarter decline.
Despite this, Samsung Electronics Display Department realized sales of 6.87 trillion won in the second quarter, an increase of 2.2% over the same period last year, and the operating profit was 1.28 trillion won, an increase of more than double. Compared with the first quarter, sales fell by 0.7%, but operating profit increased by 255.5%.
Samsung Electronics said that although mobile phone sales have improved seasonal, the display department has improved in the previous quarter, it is mainly due to the disposable benefits from customers and overall ASP growth.
In addition, Samsung's consumer electronics (CE) department sales is 13.4 trillion won, an increase of 31.8% over the same period last year, and the operating profit is 1.06 trillion won, an increase of 45.2% year-on-year. Compared with the first quarter, sales increased by 3.2%, and operating profit fell by 5.4%.
According to this regulatory document, Samsung second quarter capital expenditure is 13.6 trillion won, higher than 9.7 trillion won in the first quarter, of which 12.5 trillion won is used for semiconductors, and 600 billion won is used for display.
Semiconductors and panel services are the biggest hero, Samsung's second quarter performance growth
Feb
02
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