[Click eStock] "Samsung Electro-Mechanics, AI Benefits Are Just Beginning"
Shinyoung Securities analyzed on the 16th that Samsung Electro-Mechanics' performance in the second quarter of this year likely met market expectations.
Choi Jun-won, a researcher at Shinyoung Securities, stated, "On a consolidated basis in the second quarter, sales are expected to have reached 2.3694 trillion KRW, and operating profit 201.4 billion KRW," adding, "Sales increased by 7% compared to the same period last year, while operating profit likely decreased by 2%."
He continued, "Both sales and operating profit likely increased year-on-year due to the rise in demand for high-capacity, high-performance mobile MLCCs driven by increased artificial intelligence (AI) activities, and the expansion of automotive electronics leading to higher demand for automotive MLCCs."
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He expressed optimism about growth driven by the mid- to long-term increase in global AI activities, saying, "In the case of MLCCs, the amount installed in IT devices is expected to increase by 10-20% compared to before due to the impact of increased AI activities." Furthermore, he emphasized, "We expect improved profitability in the package solution division through increased shipments of substrates for high-value-added AI servers."
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