The second quarter has just ended, the companies have begun to announce the preliminary results of the reporting period. Samsung Electronics, according to preliminary estimates, managed to ensure the growth of operating profit by 22,7% with a drop in revenue by 7,4%. The multidirectional dynamics was explained by the increase in memory prices in the second quarter.
Samsung posted an operating profit of $6,8 billion last quarter, up about a third more than analysts had expected, and up 22,7% year-over-year. The average increase in memory prices in the second quarter was 14%, but in June they remained at the same level compared to May. Analysts note that the main demand was for memory for server systems, although there has been some revival in the market for smartphones, TVs and automotive electronics.
Experts are cautious about making forecasts for the second half of the year, since the increase in the number of new cases of coronavirus infection in many countries does not allow counting on the imminent lifting of the self-isolation regime. Manufacturers of server systems in such conditions will stop increasing stocks of memory chips, and the lack of prerequisites for price growth does not allow us to hope for the growth of Samsung Electronics' financial performance. According to CLSA experts, demand recovery in the memory market should be expected no earlier than next year.
К специфике второго квартала можно отнести и получение корейской компанией единовременной выплаты от одного из крупных производителей смартфонов — предполагается, что речь идёт именно об Apple. Последняя компания вынуждена была выплатить Samsung более $830 млн в виде неустойки за отсутствие возможности выкупить оговорённое контрактом количество дисплеев для смартфонов. Нельзя исключать, что в связи с подготовкой к анонсу новых моделей iPhone профильный бизнес Samsung в третьем квартале окажется в выигрыше.
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Source: 3dnews.ru
