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Samsung’s chip windfall unlikely to last in 2019



The so-called "super cycle" in the semiconductor market in the past two years helped Samsung Electronics in a new record for the second straight year. But it may not be easy for the tech mogul to do it in the row because of the worsening market conditions this year.

In the earnings announcement on Thursday, it was posted 243.77 trillion won ($ 219 billion) in sales and 58.89 trillion won in the operating profit last year.

(Yonhap)

75.7 percent with 44.57 trillion won in operating profit.

The final quarter of the final quarter of the final quarter, however.

During the October through December period, Samsung posted 59.27 trillion won in sales and 10.8 trillion won in operating profit, down 29 percent from a year earlier.

"Fourth-quarter earnings were affected by a drop in demand for memory chips," said the company said in a press release. "The system LSI and foundry businesses also saw a decline in due season."

Posted by earnings at the time of the announcement, Samsung's official review of the US market – the second half of the year.

"We have been a Samsung official." "They've been trying to secure the last two years, and they will be back with the inventory."

Considering the market uncertainty, Samsung will not be expanding its production capacity.

In 2018, Samsung spent a total of 29.4 trillion won in capital expenditure, with some trillion to displays.

'Capex for 2019 hasn't been confirmed yet,' the official said. "Instead, Samsung will focus on investing in equipment for newly built fabs."

The IT and mobile communications division raised 10.17 trillion won in the fourth quarter due to the stagnant premium smartphone market.

“The company is focusing on the growth of the market. "We are considering having a wide range of prices for the flagship models.

The Consumer Electronics Division earned 2.02 trillion won each year, with strong sales of premium TVs. In the fourth quarter, the consumer electronics division posted 680 billion won in operating profit.

By Song Su-hyun (song@heraldcorp.com)


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