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Flash memory price caused Samsung Q4 profit to decline but still earned 384.4 billion yuan

via:Expreview超能网     time:2018/12/26 8:01:24     readed:263

Samsung is about to release the Q18 Q4 financial report in January next year. Before this, the market is already taking vaccination, because the memory chips have begun to fall in the middle of this quarter, which will definitely affect Samsung's ability to make money. Analysts from South Korean analysts believe that Samsung’s revenue in Q4 this year was 63.8 trillion won, down 3.2% year-on-year. The main reason for the decline was memory and NAND chip price declines. Other risks include Sino-US trade wars, etc. There are no factors that have a large impact on the price of the memory chip.

Unlike the slight decline in revenue, Samsung's Q4 operating profit fell more. It is expected that operating profit for the quarter will be only 13.9 trillion won, or about $12.3 billion, down 7.6% from 15.1 trillion won in the same period last year.

Although Q4 will cause a decline in profits due to the decline in memory chips, but for the whole year, since the price of DRAM memory chips has remained strong in the first three quarters, Samsung has maintained a gross profit margin of more than 70% on DRAM chips, so it has been discounted. The annual profit will still reach a new high. It is estimated that the operating profit this year will be 62.6 trillion won, or about 55.73 billion US dollars or 384.4 billion yuan. Last year, the operating profit of the whole year was only 53.6 trillion won, or about 329.1 billion yuan. Under this year, earnings will still rise 16.8%.

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