"Samsung Electronics Expected to Post 91 Trillion Won Operating Profit in Q2...Record-High Performance" [Click e-Stock]
On June 18, DS Investment & Securities assessed that Samsung Electronics is expected to achieve its highest-ever operating profit.
Surim Lee, an analyst at DS Investment & Securities, stated in a report released on this day, "Samsung Electronics' second-quarter revenue is estimated to reach 174 trillion won, up 30% compared to the previous quarter, and operating profit is expected to reach 91 trillion won, up 59%. If we exclude the temporary impact of the first-half performance bonus, the second-quarter operating profit would exceed 100 trillion won."
In the mid-term, it is expected that the semiconductor (DS) division of Samsung Electronics will continue to set new records for operating profit, despite sluggish performance in its consumer business units. The DS division's operating profit for the second quarter is estimated at 88 trillion won, with average selling prices (ASP) for DRAM and NAND flash expected to rise by 45% and 60%, respectively, driving overall results.
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Lee further explained, "From HBM4 onward, the competition will shift from memory-only to system integration, which will highlight the company's strength in producing base dies based on its own 4-nanometer process. System LSI and foundry are expected to turn quarterly profits in the fourth quarter of this year, thanks to improved utilization rates stemming from 4- to 5-nanometer order backlogs."
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