Enterprise Wired’s Post

https://lnkd.in/gRrQXx6S Sony made more money than Samsung for the first time in 24 years. > Sony has made more profit than Samsung for the first time since 1999. > Samsung provided its earnings guidance for Q4 2023 today, highlighting a 34.4% decline in profit. It's expected that Samsung's operating profit for the year will be 7.49 trillion won or $5.62 billion compared to Sony's operating profit estimate of 1.17 trillion yen or $7.95 billion. Going by these estimates, Sony has made over $2 billion more than Samsung Electronics in 2023. #sony #samsungelectronics #Semiconductorindustry #electronics #semiconductor #supplychain #manufacturingtechnology #processtechnology #engineering #manufacturing #technology #computerchips #business #innovation #semiconductors #chips #chipmaker #foundry credit: sammobile

What's New to TheStreet... 📈 Samsung Reports Surging Q2 Earnings! The flagship semiconductor business shows strong recovery following a Q1 turnaround. 💬 What are your thoughts on Samsung’s growth? Share below! ⬇️ 👉🏻Follow New To The Street for more! #samsung #technews #businessupdates #businessnews #business #news #newtothestreet

What's New to TheStreet... 📈 Samsung Reports Surging Q2 Earnings! The flagship semiconductor business shows strong recovery following a Q1 turnaround. 💬 What are your thoughts on Samsung’s growth? Share below! ⬇️ 👉🏻Follow New To The Street for more! #samsung #technews #businessupdates #businessnews #business #news #newtothestreet

What's New to TheStreet... 📈 Samsung’s Net Profit Soars Nearly Sixfold! 📈 Driven by a strong performance in its chip business, Samsung's profit surged 46% from the previous quarter. 💾📱 What do you think is driving Samsung’s success in the chip industry? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #samsung #technews #profitgrowth #innovation #businessnews #business #news #newtothestreet

https://lnkd.in/gyFc37Cw Samsung posted its sixth straight quarter of declining operating profit, reflecting stubbornly weak demand for consumer electronics globally. > Samsung Profit Tumbles 35% as Chip Weakness Persists. > Technology industry has been struggling with soft demand. > Samsung shares turned lower despite broader chip rally. #samsungelectronics #samsungfoundry #Semiconductorindustry #electronics #semiconductor #supplychain #manufacturingtechnology #processtechnology #engineering #manufacturing #technology #computerchips #business #innovation #semiconductors #chips #chipmaker #foundry credit: bloomberg

Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023, missing expectations by a wide margin as a rebound in semiconductor prices likely narrowed losses in the South Korean company’s biggest profit-driving segment. 📊 For More Information, Check the Comment Section...👇 #digitalbusinessnetwork #dailyupdates #Samsung #BusinessUpdate

Samsung Expects Sharp Slowdown in Third-Quarter Profit Growth by https://ift.tt/zgJCy2A Samsung Electronics expects third-quarter earnings growth to slow sharply, hurt in part by China’s oversupply of lower-end chips eating into its semiconductor margins. https://ift.tt/4zHWMI6

Samsung Electronics is one of the largest technology and electronics conglomerates in the world by revenue. We have just created this infographic that illustrates the revenue and profitability of the company's five business units 👇 Here are some facts that caught our eye during the research process: → Samsung Electronics ships as many smartphones as Apple annually (~230 million). → The company has a dominant global market share in the capital intensive memory chip business (~45% for DRAM, ~33% for NAND). → It's the second largest semiconductor foundry in the world after TSMC – making leading-edge chips for companies like Apple, NVIDIA, and Qualcomm. → The company's semiconductor division, Device Solutions, now accounts for a third of revenue but a whopping 55% of EBIT. → The consumer electronics division (excl. Mobile Experience) on the other hand – making everything from TVs, washing machines to air conditioners – accounts for 19% of revenue but only 3% of EBIT. → Samsung Electronics is the 23rd largest public company in the world by market cap, $370B. Shoutout to Matthew Reustle, CFA and David Samra for a great breakdown on Business Breakdowns last week 👏

Samsung Profit Surge: Earnings Leap Beyond Expectations In an astonishing turn of events, Samsung Electronics has announced an unprecedented surge in profits for the first quarter of 2024. The tech giant expects its operating profit to have skyrocketed by more than 900%, a figure that has taken the industry by storm. A Milestone Achievement The Samsung profit surge stands as a testament to the company's resilience and strategic prowess. After a challenging year marked by sluggish demand and economic uncertainties... https://lnkd.in/g2mPvWAF

Samsung Electronics is one of the largest technology and electronics conglomerates in the world by revenue. → Samsung Electronics ships as many smartphones as $AAPL annually (~230 million). → The company has a dominant global market share in the capital intensive memory chip business (~45% for DRAM, ~33% for NAND). → It's the second largest semiconductor foundry in the world after $TSM – making leading-edge chips for companies like Apple, $NVDA, and $QCOM. → The company's semiconductor division, Device Solutions, now accounts for a third of revenue but a whopping 55% of EBIT. → The consumer electronics division (excl. Mobile Experience) on the other hand – making everything from TVs, washing machines to air conditioners – accounts for 19% of revenue but only 3% of EBIT. → Samsung Electronics is the 23rd largest public company in the world by market cap, $370B. Sources: @QuartrApp @bizbreakdowns @ReustleMatt