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The Handelot Times
Phones

Samsung +58%

The demand for tech products is growing despite the Coronavirus or, perhaps better to say, precisely as a consequence of the presence of the virus.

The Handelot Times Issue 22, December 2020 3 min read

The demand for tech products is growing despite the Coronavirus or, perhaps better to say, precisely as a consequence of the presence of the virus. And as happened for Microsoft, Samsung also reported record results in the third quarter, in the true sense of the word.

Never before in Q3 2020 had such numbers been achieved, thanks to the ability of the South Korean company to read the situation correctly by adjusting producRevenue: $ 59 billion  Semiconductors: $ 16 billion  Display: $ 6 billion  Smartphone: $ 26 billion  TVs and appliances: $ 12 billion  The data reported in the financial statements under the heading “semiconductors” exceed expectations. DRAMs are very good, especially for low-mid-range smartphones and laptops. Excellent results also with regard to graphics cards, whose demand has grown thanks to the excellent sales of gaming consoles. Same goes for NAND and SSD memories, pushed again by consoles and laptops.

In particular, for the last quarter of the year, a further leap is expected for DRAMs and GPUs thanks The display sector is growing, supported by the strong demand in progress both for large panels and for those destined for the mobile segment. The trend The smartphone sector did very well: the Third quarter saw the launch of the Galaxy Note 20 series and the Galaxy Z Fold 2. The growth was tion and supply to the new characteristics of demand. Operating profit grew compared to the previous quarter by 52% and 59% year on year, driven mainly by smartphones, memory, displays, TVs and appliances. However, Samsung expects a decline in Q4 caused by shrinking memory demand and increased competition in the smartphone sector. The contraction will not affect some of the Group’s businesses: sales of smartphone panels and SoCs will continue to grow.

Operating profit: $ 11 billion  Semiconductors: $ 5 billion  Display: $ 415 million  Smartphone: $ 4 billion  TVs and appliances: $ 1 billion  to smartphones, consoles and laptops. It will also focus on 5nm technology for SoCs intended for devices compatible with new generation networks. The coming year will depend on the progress of the pandemic and the global socio-political situation. However, growing demand is expected, driven above all by 5G. The conversion to 1z-nm DRAMs and 6th generation V-NANDs will continue, as well as the development of new generation products such as 1st-nm EUV DRAMs and 7th generation V-NANDs. will continue in Q4 2020 thanks to the launch of new smartphones and the gradual introduction of QD technology. The same goes for 2021: 5G will help grow. also fueled by the excellent sales performance of the Galaxy Tab S7, Watch 3 and Buds Live.

The rest of this article is in the magazine Continue in issue 22

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