kyz
2021-10-06
Yes
Samsung Electronics likely to report best quarterly profit in 3 years
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Revenue likely rose 11% to 74.6 trillion won, a record high.</p>\n<p>An unprecedented global shortage in semiconductor chips amid the pandemic has underpinned Samsung's results and shares, which soared 45% last year and hit a record high at the start of 2021.</p>\n<p>But the stock has dropped since then, compounded by losses in September when U.S. peer Micron warned its memory chip shipments would slip in the near term, amid industry views that chip prices will tumble after peaking in July-September.</p>\n<p>\"Samsung shares have fallen due to Micron's guidance but unlike Micron, Samsung internalises major components ... and has other businesses like mobile and foundry to buoy performance,\" said Hanwha Investment & Securities analyst Lee Soon-hak.</p>\n<p>\"Memory (chip) prices are seen rebounding next year after a short period of decline,\" Lee added.</p>\n<p>Samsung will announce preliminary results on Friday.</p>\n<p><b>CHIP DIVISION, SMARTPHONES</b></p>\n<p>Samsung's chip division is likely to report an operating profit of 9.9 trillion won, an average of six analysts' forecasts shows, up 79% from a year earlier, helped by rising memory chip prices and shipments.</p>\n<p>Prices of DRAM chips, used in servers, mobile phones and other computing devices, jumped 7.9% versus the June quarter, while those of NAND flash chips that serve the data storage market rose 5.5%, data from research provider Trendforce shows.</p>\n<p>Analysts also forecast a double-digit operating margin for Samsung's chip contract manufacturing business as clients rush to secure production capacity.</p>\n<p>Its mobile division likely saw about 3.7 trillion won in operating profits, analysts said, down from 4.45 trillion won a year earlier but up from the prior quarter's 3.2 trillion won on foldable smartphones sales.</p>\n<p>An estimated 2 million Galaxy Z Fold 3 and Z Flip 3 models were sold in a month since launching in late August, with South Korea topping sales followed by the United States, said Jene Park, senior research analyst at Counterpoint.</p>\n<p>Market participants will be scouring Samsung's full results later this month for an update on its planned $17 billion U.S. semiconductor factory after sources said it was drawing closer to finalising the construction.</p>\n<p>($1 = 1,187.9300 won)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSamsung Electronics likely to report best quarterly profit in 3 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-06 07:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, Oct 6 (Reuters) - Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.</p>\n<p>Operating profit for the world's biggest memory chip and smartphone maker likely jumped to 16.1 trillion won ($14 billion) in the quarter ended September, according to a Refinitiv SmartEstimate from 16 analysts, weighted toward those who are more consistently accurate.</p>\n<p>That would be up 30% from 12.35 trillion won a year earlier and the highest since the third quarter of 2018. Revenue likely rose 11% to 74.6 trillion won, a record high.</p>\n<p>An unprecedented global shortage in semiconductor chips amid the pandemic has underpinned Samsung's results and shares, which soared 45% last year and hit a record high at the start of 2021.</p>\n<p>But the stock has dropped since then, compounded by losses in September when U.S. peer Micron warned its memory chip shipments would slip in the near term, amid industry views that chip prices will tumble after peaking in July-September.</p>\n<p>\"Samsung shares have fallen due to Micron's guidance but unlike Micron, Samsung internalises major components ... and has other businesses like mobile and foundry to buoy performance,\" said Hanwha Investment & Securities analyst Lee Soon-hak.</p>\n<p>\"Memory (chip) prices are seen rebounding next year after a short period of decline,\" Lee added.</p>\n<p>Samsung will announce preliminary results on Friday.</p>\n<p><b>CHIP DIVISION, SMARTPHONES</b></p>\n<p>Samsung's chip division is likely to report an operating profit of 9.9 trillion won, an average of six analysts' forecasts shows, up 79% from a year earlier, helped by rising memory chip prices and shipments.</p>\n<p>Prices of DRAM chips, used in servers, mobile phones and other computing devices, jumped 7.9% versus the June quarter, while those of NAND flash chips that serve the data storage market rose 5.5%, data from research provider Trendforce shows.</p>\n<p>Analysts also forecast a double-digit operating margin for Samsung's chip contract manufacturing business as clients rush to secure production capacity.</p>\n<p>Its mobile division likely saw about 3.7 trillion won in operating profits, analysts said, down from 4.45 trillion won a year earlier but up from the prior quarter's 3.2 trillion won on foldable smartphones sales.</p>\n<p>An estimated 2 million Galaxy Z Fold 3 and Z Flip 3 models were sold in a month since launching in late August, with South Korea topping sales followed by the United States, said Jene Park, senior research analyst at Counterpoint.</p>\n<p>Market participants will be scouring Samsung's full results later this month for an update on its planned $17 billion U.S. semiconductor factory after sources said it was drawing closer to finalising the construction.</p>\n<p>($1 = 1,187.9300 won)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108473432","content_text":"SEOUL, Oct 6 (Reuters) - Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.\nOperating profit for the world's biggest memory chip and smartphone maker likely jumped to 16.1 trillion won ($14 billion) in the quarter ended September, according to a Refinitiv SmartEstimate from 16 analysts, weighted toward those who are more consistently accurate.\nThat would be up 30% from 12.35 trillion won a year earlier and the highest since the third quarter of 2018. Revenue likely rose 11% to 74.6 trillion won, a record high.\nAn unprecedented global shortage in semiconductor chips amid the pandemic has underpinned Samsung's results and shares, which soared 45% last year and hit a record high at the start of 2021.\nBut the stock has dropped since then, compounded by losses in September when U.S. peer Micron warned its memory chip shipments would slip in the near term, amid industry views that chip prices will tumble after peaking in July-September.\n\"Samsung shares have fallen due to Micron's guidance but unlike Micron, Samsung internalises major components ... and has other businesses like mobile and foundry to buoy performance,\" said Hanwha Investment & Securities analyst Lee Soon-hak.\n\"Memory (chip) prices are seen rebounding next year after a short period of decline,\" Lee added.\nSamsung will announce preliminary results on Friday.\nCHIP DIVISION, SMARTPHONES\nSamsung's chip division is likely to report an operating profit of 9.9 trillion won, an average of six analysts' forecasts shows, up 79% from a year earlier, helped by rising memory chip prices and shipments.\nPrices of DRAM chips, used in servers, mobile phones and other computing devices, jumped 7.9% versus the June quarter, while those of NAND flash chips that serve the data storage market rose 5.5%, data from research provider Trendforce shows.\nAnalysts also forecast a double-digit operating margin for Samsung's chip contract manufacturing business as clients rush to secure production capacity.\nIts mobile division likely saw about 3.7 trillion won in operating profits, analysts said, down from 4.45 trillion won a year earlier but up from the prior quarter's 3.2 trillion won on foldable smartphones sales.\nAn estimated 2 million Galaxy Z Fold 3 and Z Flip 3 models were sold in a month since launching in late August, with South Korea topping sales followed by the United States, said Jene Park, senior research analyst at Counterpoint.\nMarket participants will be scouring Samsung's full results later this month for an update on its planned $17 billion U.S. semiconductor factory after sources said it was drawing closer to finalising the construction.\n($1 = 1,187.9300 won)","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/829123094"}
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