Wang Ye said financial news: On Thursday (7th), South Korean chip giant - Samsung Electronics announced the first quarter financial report data.
Specifically, in the first quarter, Samsung Electronics' sales increased by 17.76% year-on-year, and finally reached 77 trillion won (equivalent to 402 billion yuan), setting a record for the quarter.
It is worth mentioning that this is the third consecutive quarter of Samsung's record-breaking.
You know, in the third quarter of last year, Samsung's sales exceeded 70 trillion won for the first time (reaching 73.89 trillion won), and in the fourth quarter, it exceeded 76.57 trillion won, and in the first quarter of this year, it once again broke the record, as shown in the following figure:
(Samsung sales - Wang Ye said finance)
At the same time, the data also shows that in the first quarter, Samsung Electronics' operating profit increased by 50.32% year-on-year, and finally reached 14.1 trillion won (equivalent to 73.6 billion yuan).
So the question is: Why did Samsung achieve such a beautiful performance in the first quarter?
In this regard, analysts said that behind this is mainly the following reasons, specifically:
First, although there has been a decline, Samsung's chip prices have market support.
Although chip prices declined slightly in the first quarter, the price was better than originally estimated due to strong demand, coupled with the limited capacity expansion of semiconductor manufacturers due to cautious capital expenditures.
Therefore, the price of chip products, which account for about half of Samsung's total profits, has also been supported.
Second, this year, Samsung released new smartphones in advance, and sales are also very good;
Since the beginning of this year, Samsung has advanced the release time of new smartphones to the beginning of the year, which has also driven performance growth to a certain extent.
According to the forecast of Korean brokerages, in the first quarter, the sales and operating profit of Samsung's electronic information and communication and mobile divisions were 33.38 trillion won (up 15.3% year-on-year) and 4.15 trillion won (up 55.8% year-on-year), respectively.
In the third and first quarters, the semiconductor performance was good, which eventually pushed up the overall performance growth of Samsung.
As we all know, in general, Q1 is the off-season for the semiconductor and home appliance industries, but as data center servers become the main force of new demand in the memory chip market, the impact of seasonal factors is not obvious.
According to the forecast of South Korean brokerages, in the first quarter, Samsung Semiconductor's sales and operating profit reached 25 trillion won and 8 trillion won.
What do you think about that? How do you rate 1 quarter, Samsung Electronics performance? What do you think will happen next for Samsung?
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