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
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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
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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
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What's New to The Street... 💰Big Moves by Samsung!💻 Samsung Electronics is planning a $7 billion share buyback, addressing investor concerns about its memory-chip business amid the ongoing AI boom. 🚀 While its flagship chip division faces challenges, this bold move signals confidence in the future. What are your thoughts on Samsung's strategy?✨ 👉🏻Follow New To The Street for more! #SamsungElectronics #ShareBuyback #TechInvesting #MemoryChips #AIInnovation #InvestorNews #TechTrends #SamsungMoves #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet
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What's New to The Street... 💰Big Moves by Samsung!💻 Samsung Electronics is planning a $7 billion share buyback, addressing investor concerns about its memory-chip business amid the ongoing AI boom. 🚀 While its flagship chip division faces challenges, this bold move signals confidence in the future. What are your thoughts on Samsung's strategy?✨ 👉🏻Follow New To The Street for more! #SamsungElectronics #ShareBuyback #TechInvesting #MemoryChips #AIInnovation #InvestorNews #TechTrends #SamsungMoves #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet
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Samsung's Q4 profit misses expectations, but stock rises #SouthKorea's #memory #chip giant’s preliminary operating profit for the Oct-Dec period came at 6.50 trillion won ($4.5 billion) 💡 Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in #memory #chip prices and soft demand for its #smartphones and other #mobile devices. South Korea’s largest memory chip producer on Wednesday reported in a regulatory filing that its preliminary operating profit for the fourth quarter ended in December 2024 stood at 6.50 trillion won ($4.5 billion), more than doubling from a year ago. Compared to the previous quarter, the profit shrank 29.2%. Sales for the quarter added 10.7% on-year to 75 trillion won but fell 5.2% against the prior quarter. Thanks again to Jeong-Soo Hwang , Chae-Yeon Kim and The Korea Economic Daily for the full article with more background and insights via the link below 💡🙏👇 https://lnkd.in/egHJUqvg #semiconductorindustry #semiconductors #technology #tech #it #chip #foundry #dram #nandn #flash #it #ai #semiconductormanufacturing
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Samsung's Q4 profit tumbles 30% amid memory downturn, labor costs Results fall well short of expectations amid high-bandwidth memory woes. Samsung Electronics’ operating profit fell by 29.2% to 6.5 trillion won ($4.5 billion) in the fourth quarter from the previous three months, falling well short of expectations as the downturn in the memory chip industry deepens. The world’s biggest memory chipmaker said revenue dropped 5.2% to 75 trillion won during the same period in its earnings guidance. Samsung will announce its full earnings data later this month. Per Nikkei Asia
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🚨 Samsung Exits the LED Market—A Major Shift in Strategy Samsung Electronics has officially announced its full withdrawal from the LED business, marking the end of an era. After years of underperformance in the highly competitive LED market, Samsung’s decision to exit this segment follows LG’s similar move in 2020, leaving South Korea without a major player in the LED industry. 🔍 Why the exit? Despite generating 10.4 billion RMB annually, the LED business contributed minimally to Samsung’s overall profits. The company will now shift its focus to power semiconductors and Micro LED technology, industries with far greater growth potential, especially in sectors like electric vehicles and energy storage systems. 💡 What does this mean for Samsung’s future? 👉 Check out our website MIRU to read the full report and understand the broader implications! Contact us directly on Linkedin to get a 7 day free-trial!!! https://lnkd.in/eYjihJJc #Samsung #LEDMarketExit #Semiconductors #TechIndustry #SubscribeNow
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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
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Signs pointing up for Samsung in the following quarters... 📈 Samsung profits set to soar with chip price rebound 🚀 Analysts anticipate first quarter earnings to surge 9-fold to $4.2 billion 🏆 This would mark the best performance in six quarters 🔍 Prediction follows strong recovery in memory chip prices 📉 Prices had dropped post-global health crisis due to weak demand 🤖 Rebound driven by AI product boom requiring high-end semiconductors 💹 Memory chip prices increase by about 20% for the quarter 📱 Outlook for Samsung's mobile phone business remains uncertain 📞 New handset with AI functions launched in January 📦 Expected to ship more phones, though profit might slightly decline 📊 Preliminary earnings report expected on Friday, full details later in the month #Samsung #taylor #Texas #ChipPriceRebound #Technology #ArtificialIntelligence #Semiconductors #EarningsSurge #MobileInnovation Follow this account for more Samsung information and commercial real estate news for Taylor Texas, the new home of Samsung in Texas SUBSCRIBE TO THE YOUTUBE CHANNEL FOR MORE SAMSUNG NEWS: https://lnkd.in/eb5RUAWy
Samsung's Profit Soars On High Chip Prices, Likely The Biggest In Six Quarters
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#GreatProducts, #SuperBrand, Samsung Electronics Throwback...Just found this Pic. This Picture was taken in 2004 (20 years back) during the annual event of #Samsung I don't think any of the employees seen here are still working with Samsung (or maybe very very few) 2024 Present time, The only constant in this picture is BRAND #SAMSUNG What does it take for a brand to not just survive, but thrive, over two decades? Apart from lot of other factors, one big key super important factor is Building #GreatProducts and thinking ahead of the curve. Being #Innovative, Being #Relevant As I embark my journey towards building #auklet, my dream is to build experiences that inspire & delight people in their digital life. And, Build brand #auklet that stand the test of time !! Pic: You can find me in one corner of the picture. Locate me and you'll get a prize medal :-)
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5moI think Samsung's impressive profit surge is likely due to their strategic focus on the semiconductor sector. With the global demand for chips skyrocketing, especially for AI and 5G technologies, Samsung's innovations and efficient supply chain management have positioned them perfectly to capitalize on this trend.