Samsung Electronics: Weak demand for high-end smart components, mining chips

Samsung Electronics pointed out on April 26 that the memory business is expected to maintain its strong performance in the second quarter of 2018. However, it is very difficult for the company's overall surplus to show growth. The main reason is that the display panel (DP) sector will continue to suffer fatigue and high-end mobile phones. Increased competition may lead to a decline in the mobile communications sector.

Samsung pointed out that NAND quotes will be weak in the second quarter, but server, mobile DRAM demand is expected to continue to increase and high-density memory chip orders will also rise. For system LSI, foundry business, 10 nanometer applications Both processor and cryptocurrency mining chip shipments are expected to rise, but profitability will be depressed due to weak demand for high-end smart phone components.

Samsung holds positive views on the outlook of the component business in the second half of the year. It is expected that DRAM demand will continue to grow and demand for smart phone OLED panels will rebound.

Samsung expects overall NAND demand to increase in the second quarter, and data center projections will remain the main source of SSD demand. In the United States, driven by China’s expansion of its data center, strong server demand will drive related DRAM sales to climb. .

Thanks to the rising demand for high-performance computing (HPC) chipsets, Samsung's first-quarter foundry surplus showed a quarterly increase. Samsung Electronics expects that foundry revenue in 2018 will exceed US$10 billion, securing the world’s No. 1 position. The location of two.

Affected by slow sales of flagship models and high marketing costs, Samsung expects the second quarter of information technology (IT), mobile communications sector profit will show a quarterly decline. Samsung will launch new flagship models in the second half and continue to invest To expand the size of Bixby 2.0 open ecosystem.

Driven by the growth of major football events and emerging markets in the world, Samsung expects demand in the TV market to increase annually. Samsung expects to launch 8K and Micro LED TVs in the second half of the year.

Samsung Electronics' revenue in the first quarter of 2018 increased by 20% (quarter-reduction of 8%) to KRW60.56 trillion, and its operating profit increased by 58% (3.2% in the quarter) to a record high of 15.64 trillion KRW.

2016 GoodChinaBrand | ICP: 12011751 | China Exports