Thursday, January 27, 2022
HomeTechnologySamsung guidance shows Q4 was another record-breaking quarter

Samsung guidance shows Q4 was another record-breaking quarter


Samsung Electronics posted its quarterly earnings steering, and the numbers glimpse excellent for the Korean huge. Functioning revenue will be in the KRW13.7-13.9 trillion ($11.38-11.55 billion) range, which is the very best result given that Q4 2017. It is a 52% increase, when compared with previous yr, but some analysts expected an even larger jump.

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Q4 2021 Assistance KRW / USD Q4 2020 Results KRW / USD Q3 2021 Success KRW / USD
Profits KRW 75 trillion – 77 trillion /
$62.3 billion – $63.97 billion
KRW 61.55 trillion /
$51.13 billion
KRW 73.98 trillion /
$61.46 billion
Running Profit KRW 13.7 trillion – KRW 13.9 trillion /
$11.38 billion – $11.55 billion
KRW 9.05 trillion /
$7.52 billion
KRW 15.82 trillion /
$13.14 billion

The earnings soar arrives from powerful server chip demand concerning October and December 2021. Costs of memory chips dipped in the course of the quarter, but demand from Samsung clients enhanced each for DRAM and NAND chips.

Profit anticipations miss is generally due to many expenditures in the fourth quarter these as worker bonuses, marketing and advertising expenses for the cell organization and ramp-up expenditures for new show panels, revenues from which will be accounted in the next 3-month period of time.

The whole breakdown of the monetary results is expected at the conclude of this thirty day period.

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