Fast Technology news on October 31, today Samsung Electronics released its third quarter earnings report for 2023.Operating profit in the third quarter fell 77.57% from a year earlier to 2.43 trillion won.(about 13.2 billion yuan).
The report showsSamsung's total sales fell 12.21% year on year to 67.4 trillion won in the third quarter.(about 365.3 billion yuan).
Among them, DS, which is in charge of semiconductors, lost 3.75 trillion won in the third quarter, the third consecutive quarterly loss.
Plus the loss of 8.94 trillion won in the previous two quartersSamsung Semiconductor has lost 12.69 trillion won (68.8 billion yuan) this year.。
Although it is still losing money, Samsung said the loss has been narrowing due to increased sales of high value-added products such as the HBM, DDR5 and LPDDR5x, as well as higher sales prices.
In additionThe mobile phone screen business has achieved a substantial increase in profits due to the release of major customers' new flagship models.On the other hand, the loss of the large screen business has been reduced due to the improvement of the rate of quality and the improvement of cost.
In terms of smart products, due to strong sales of new products such as smartphones, tablets and wearable products, and the expansion of flagship models, overall sales increased as a result of rising unit prices, ensuring double-digit growth.
In terms of smart products, due to strong sales of new products such as smartphones, tablets and wearable products, and the expansion of flagship models, overall sales increased as a result of rising unit prices, ensuring double-digit growth.Harman also set an all-time high in quarterly operating profit.
Finally, Samsung said that the second generation of 3nm Gate All Around (GAA) process will begin mass production in 2024 and plans to meet the demand for high-performance, high-bandwidth products with industry-leading HBM production capacity.