Breaking News

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series TEAMGROUP Launches EXPERT P34F Find My External SSD NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025 Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Samsung Electronics Earnings Hit Low semiconductor Prices

Samsung Electronics Earnings Hit Low semiconductor Prices

Enterprise & IT Jan 8,2016 0

According to a earnings guidance released by Samsung Electronicson January 8, 2016, the company's operating income in fourth-quarter slided 17.5 percent from the previous quarter, mainly due to poor performance of the company’s semiconductor business. Operating income of the semiconductor division is estimated to have registered just 3 trillion won ($2.5 billion) in the quarter, down from 3.66 trillion won three months ago.

The earnings took a hit due to a 15 percent drop in DRAM chip prices. Compared to the end of 2014, the DRAM chip price tumbled 50 percent, representing slow demands for PCs and a persistent supply glut. And the price of the NAND flash sank 14 percent on quarter.

Shipments also missed expectations. The company offered more than 5 percent and 20 percent growth in shipments of DRAM and NAND flash chips, respectively, but the actual increase is estimated to have reached 2 percent and 15 percent.

Samsung’s display business is estimated to have registered an operating profit of less than 500 billion won in the fourth quarter, down 50 percent from 930 billion won posted in the July-September period. TV customers launched inventory adjustment in October and November, purchasing less LCD panels and leading to a price cut.

The IT and mobile businesses are estimated to have recorded an operating profit of 2 trillion won in the fourth quarter, also down 16.3 percent from three months ago, the lowest quarterly level in 2015.

The consumer electronics business, however, probably enjoyed improved sales on the back of year-end sales of UHD TVs and SUHD TVs in the U.S..



Tags: SAMSUNG
Previous Post
Chinese Company Showcases First Passenger Drone At CES
Next Post
Lenovo and Google To Develop Next Project Tango Device

Related Posts

  • Galaxy AI Is Coming to New Galaxy Watch for More Motivational Health

  • Samsung Introduces Galaxy A55 5G and Galaxy A35 5G

  • Samsung’s New AI PC, Galaxy Book4 Series, Available Globally Beginning February 26

  • Samsung and Google Cloud Join Forces to Bring Generative AI to Samsung Galaxy S24 Series

  • Samsung Galaxy S24 Ultra Creates New Standards of Durability and Visual Clarity With Corning® Gorilla® Armor

  • Samsung announces 2024 Neo QLED, MICRO LED, OLED

  • Samsung Electronics Expands Odyssey Gaming Monitor Lineup With New OLED Models at CES 2024

  • Samsung Adds More Devices to Its Self-Repair Program, Including Foldables for the First Time

Latest News

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series
Smartphones

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series

TEAMGROUP Launches EXPERT P34F Find My External SSD
Consumer Electronics

TEAMGROUP Launches EXPERT P34F Find My External SSD

NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA
Cameras

NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA

JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025
Gaming

JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025

Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities
Cameras

Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed