


Analysts predict Samsung's third-quarter profits will plunge 80% as chip losses continue
This site reported on October 10 that Samsung Electronics’ third-quarter profit is expected to drop 80% year-on-year, as the continued impact of a global chip oversupply has led to losses in the South Korean technology giant’s cash cow business.

Samsung, the world's largest maker of memory chips, smartphones and televisions, plans to report preliminary third-quarter earnings on Wednesday. Results
According to SmartEstimate forecasts by 19 analysts on the London Stock Exchange, Samsung’s operating profit from July to September may fall to 2.1 trillion won (approximately 11.403 billion yuan). Samsung’s operating profit in the same period last year Profit of 10.85 trillion won
As falling memory chip prices do not recover as quickly as some predicted, Samsung's chip division, traditionally its largest profit-making unit, may report a quarterly loss of 3 trillion to 40,000 yuan. 100 million won
Analysts said that Samsung's reduction in chip production also harmed economies of scale and increased chip manufacturing costs.
After first announcing production cuts in April, analysts said Samsung further cut production in the third quarter to reduce inventory and combat a chip glut that has led to the worst industry recession in decades.
Smartphone and PC makers have been avoiding buying new memory chips due to recession concerns, instead choosing to use up existing inventories within months. Analysts say their inventories are low enough now and demand is expected to rebound early next year. KB Securities said in a recent report that Samsung recently received its first shipment of server memory chips from a North American data center company. orders, giving data center customers hope of buying chips again
Strong demand for memory chips used in artificial intelligence such as high-bandwidth memory (HBM) remains a bright spot, but Samsung is developing such It lags behind rival SK Hynix in terms of chips and in winning customers such as Nvidia, the leader in artificial intelligence chips.
According to the average forecast of five analysts, operating profit of Samsung’s mobile business is expected to be about 3 trillion won. The company launched a high-end foldable smartphone during the quarter, which stimulated sales despite the global smartphone market downturn
Advertising statement: The external jump links contained in the article (including but not limited to Hyperlinks, QR codes, passwords, etc.) are used to convey more information and save selection time. The results are for reference only. All articles on this site include this statement.
The above is the detailed content of Analysts predict Samsung's third-quarter profits will plunge 80% as chip losses continue. For more information, please follow other related articles on the PHP Chinese website!

Stay informed about the latest tech trends with these top developer newsletters! This curated list offers something for everyone, from AI enthusiasts to seasoned backend and frontend developers. Choose your favorites and save time searching for rel

This tutorial guides you through building a serverless image processing pipeline using AWS services. We'll create a Next.js frontend deployed on an ECS Fargate cluster, interacting with an API Gateway, Lambda functions, S3 buckets, and DynamoDB. Th

This pilot program, a collaboration between the CNCF (Cloud Native Computing Foundation), Ampere Computing, Equinix Metal, and Actuated, streamlines arm64 CI/CD for CNCF GitHub projects. The initiative addresses security concerns and performance lim

This Go-based network vulnerability scanner efficiently identifies potential security weaknesses. It leverages Go's concurrency features for speed and includes service detection and vulnerability matching. Let's explore its capabilities and ethical


Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

WebStorm Mac version
Useful JavaScript development tools

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

SublimeText3 English version
Recommended: Win version, supports code prompts!
