"/>
Samsung's operating profit manages to grow in Q2 on brisk chip sales
Source: Xinhua   2018-07-31 15:17:16

SEOUL, July 31 (Xinhua) -- South Korean tech behemoth Samsung Electronics managed to post an operating profit growth in the second quarter due mainly to brisk chip sales, the company said Tuesday.

Consolidated operating profit stood at 14.87 trillion won (13.3 billion U.S. dollars) in the April-June quarter, up 5.7 percent from the same period of last year.

It was down 4.9 percent from the previous quarter, which logged the record quarterly profit, but it kept a year-over-year growth trend owing to robust semiconductor sales.

Revenue shed 4.1 percent over the year to 58.48 trillion won (52.27 billion U.S. dollars) in the June quarter, and net income inched down 0.1 percent to 11 trillion won (9.8 billion U.S. dollars).

The second-quarter revenue retreated on softer sales of smartphones and display panels, offsetting a solid demand for memory chips. The net income slightly fell on higher corporate tax.

Both the revenue and operating profit decreased compared with the previous quarter as the South Korean currency appreciated to the euro and several other key currencies despite its depreciation to the U.S. dollar.

The local currency's weakness to its major peers, except the greenback, negatively influenced a net 400 billion won (358 million U.S. dollars) worth of operating profit compared with the prior quarter.

Strong demand for Samsung's memory chips resulted in the operating profit expansion. The chipmaking unit logged a record quarterly operating profit of 11.61 trillion won (10.38 billion U.S. dollars) in the second quarter on revenue of 21.99 trillion won (19.65 billion U.S. dollars).

The chip division's operating profit accounted for almost 80 percent of Samsung's total profit in the quarter.

It was driven by demand for DRAM chips used in data centers and NAND flash memory for high-capacity storage, said Samsung that focused on value-added products such as 64GB and higher-density server DRAM based on the 1X nanometer technology and 128GB and higher for NAND mobile storage.

The display panel business recorded an operating profit of 140 billion won (125 million U.S. dollars) on revenue of 5.67 trillion won (5.07 billion U.S. dollars).

Samsung saw weak demand for flexible OLED panels in the second quarter amid the falling shipment and price for LCD panels.

The IT & Mobile Communications (IM) division, which makes smartphones, posted an operating profit of 2.67 trillion won (2.39 billion U.S. dollars) on revenue of 24 trillion won (21.5 billion U.S. dollars).

The smartphone-making unit reported a drop in earnings, both year-on-year and quarter-on-quarter, on slow sales of its flagship Galaxy S9 smartphone amid the stagnant high-end smartphone market.

The IM division's networking business, however, won a solid growth fueled by investment in LTE networks.

The consumer electronics unit registered an operating profit of 510 billion won (456 million U.S. dollars) on revenue of 10.4 trillion won (9.3 billion U.S. dollars).

The consumer electronics unit's profit was lifted by stronger sales of premium TVs such as the QLED models, which stemmed mainly from a major global soccer event. It offset weak demand for Samsung-made air conditioners.

Samsung predicted a sustained strength in the memory chip market and a rising demand for flexible OLED panels that would drive earnings higher in the second half.

Outlook for the memory chip market remained rosy on demand for server and PC memories as well as new mobile phone launches. Samsung said it will increase the portion of 10-nanometer-class products and the mass production of 5th-generation V-NAND, while addressing demand for high-density server memory and high-bandwidth memory.

Samsung said the system LSI and foundry businesses would benefit from higher demand for mobile Aps and image sensors, noting that flexible OLED shipments would rise despite the intensifying competition.

However, the mobile phone market conditions would likely remain challenging in the second half amid new product launches and pricing competition, said the South Korean company planning to early introduce the Galaxy Note and mid- and low-end models with new features.

Samsung said it expected new opportunities in the component businesses over the mid- and long-term thanks to the ongoing transformation in the Internet of Things (IoT), artificial intelligence (AI) and 5G technologies.

The company spent 8 trillion won (7.2 billion U.S. dollars) in capital expenditure in the second quarter, including 6.1 trillion won (5.5 billion U.S. dollars) for the chip business and 1.1 trillion won (984 million U.S. dollars) for the display panel division.

It brought the total spent in the first half to 16.6 trillion won (14.8 billion U.S. dollars).

Editor: Yurou
Related News
Xinhuanet

Samsung's operating profit manages to grow in Q2 on brisk chip sales

Source: Xinhua 2018-07-31 15:17:16
[Editor: huaxia]

SEOUL, July 31 (Xinhua) -- South Korean tech behemoth Samsung Electronics managed to post an operating profit growth in the second quarter due mainly to brisk chip sales, the company said Tuesday.

Consolidated operating profit stood at 14.87 trillion won (13.3 billion U.S. dollars) in the April-June quarter, up 5.7 percent from the same period of last year.

It was down 4.9 percent from the previous quarter, which logged the record quarterly profit, but it kept a year-over-year growth trend owing to robust semiconductor sales.

Revenue shed 4.1 percent over the year to 58.48 trillion won (52.27 billion U.S. dollars) in the June quarter, and net income inched down 0.1 percent to 11 trillion won (9.8 billion U.S. dollars).

The second-quarter revenue retreated on softer sales of smartphones and display panels, offsetting a solid demand for memory chips. The net income slightly fell on higher corporate tax.

Both the revenue and operating profit decreased compared with the previous quarter as the South Korean currency appreciated to the euro and several other key currencies despite its depreciation to the U.S. dollar.

The local currency's weakness to its major peers, except the greenback, negatively influenced a net 400 billion won (358 million U.S. dollars) worth of operating profit compared with the prior quarter.

Strong demand for Samsung's memory chips resulted in the operating profit expansion. The chipmaking unit logged a record quarterly operating profit of 11.61 trillion won (10.38 billion U.S. dollars) in the second quarter on revenue of 21.99 trillion won (19.65 billion U.S. dollars).

The chip division's operating profit accounted for almost 80 percent of Samsung's total profit in the quarter.

It was driven by demand for DRAM chips used in data centers and NAND flash memory for high-capacity storage, said Samsung that focused on value-added products such as 64GB and higher-density server DRAM based on the 1X nanometer technology and 128GB and higher for NAND mobile storage.

The display panel business recorded an operating profit of 140 billion won (125 million U.S. dollars) on revenue of 5.67 trillion won (5.07 billion U.S. dollars).

Samsung saw weak demand for flexible OLED panels in the second quarter amid the falling shipment and price for LCD panels.

The IT & Mobile Communications (IM) division, which makes smartphones, posted an operating profit of 2.67 trillion won (2.39 billion U.S. dollars) on revenue of 24 trillion won (21.5 billion U.S. dollars).

The smartphone-making unit reported a drop in earnings, both year-on-year and quarter-on-quarter, on slow sales of its flagship Galaxy S9 smartphone amid the stagnant high-end smartphone market.

The IM division's networking business, however, won a solid growth fueled by investment in LTE networks.

The consumer electronics unit registered an operating profit of 510 billion won (456 million U.S. dollars) on revenue of 10.4 trillion won (9.3 billion U.S. dollars).

The consumer electronics unit's profit was lifted by stronger sales of premium TVs such as the QLED models, which stemmed mainly from a major global soccer event. It offset weak demand for Samsung-made air conditioners.

Samsung predicted a sustained strength in the memory chip market and a rising demand for flexible OLED panels that would drive earnings higher in the second half.

Outlook for the memory chip market remained rosy on demand for server and PC memories as well as new mobile phone launches. Samsung said it will increase the portion of 10-nanometer-class products and the mass production of 5th-generation V-NAND, while addressing demand for high-density server memory and high-bandwidth memory.

Samsung said the system LSI and foundry businesses would benefit from higher demand for mobile Aps and image sensors, noting that flexible OLED shipments would rise despite the intensifying competition.

However, the mobile phone market conditions would likely remain challenging in the second half amid new product launches and pricing competition, said the South Korean company planning to early introduce the Galaxy Note and mid- and low-end models with new features.

Samsung said it expected new opportunities in the component businesses over the mid- and long-term thanks to the ongoing transformation in the Internet of Things (IoT), artificial intelligence (AI) and 5G technologies.

The company spent 8 trillion won (7.2 billion U.S. dollars) in capital expenditure in the second quarter, including 6.1 trillion won (5.5 billion U.S. dollars) for the chip business and 1.1 trillion won (984 million U.S. dollars) for the display panel division.

It brought the total spent in the first half to 16.6 trillion won (14.8 billion U.S. dollars).

[Editor: huaxia]
010020070750000000000000011100001373593071
大小单双平台 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票