The boys of Samsung they just published their economic results for this first quarter of 2018 , and the truth…
The boys of Samsung they just published their economic results for this first quarter of 2018 , and the truth is that the Korean giant things are not going bad. Partly because of the huge success of its Samsung Mobile division, but more for a section of semiconductors that does not stop growing and already leads in benefits between all divisions of the company.
Thus, the results of Samsung Electronics record about 56,250 million dollars, marking a year-on-year growth of more than 20 percent . As for the operating benefits, Samsung has won about 14,500 million dollars in this first quarter of the year, a record rise that stands at around 58 percent over the same period last year. Almost nothing…
If we only look at revenues, the mobile communications division leads, with some 26,500 million cash, although its profit remains around 3.58 billion dollars, an increase of 82 percent year-on-year despite the fact that Samsung considers the Demand for smartphones has dropped 2 percent in the last 12 months.
Where Samsung has lost a bit of strength is in the OLED panel market , and is that the braking in the sales forecasts of the iPhone X, which painted a smash but ended up selling much less lowering the OLED panels sold to Apple.
Of course, all the numbers of the mobile division of the company, which accounts for 45 percent of revenues but only 24 percent of profits, remain eclipsed by the chips, which are actually the locomotive of the Korean giant in terms of operational benefit . The demand for NAND and DRAM memories continues to grow, and with it grows a Samsung that keeps climbing.
The chips represent 74% of the benefits of Samsung Electronics , and Samsung expects to get even more cut in the near future, because the prohibition to the companies of the United States of sell components to ZTE opens the door to the Koreans wide open.
Samsung continues to grow and is doing well , as Alphabet, the matrix of Google , although moving in very different businesses also seems to have overcome any hint of crisis and upwind its economic figures.
Going back to Samsung Mobile and its figures, it should be remembered that Koreans consider the Galaxy S7 their latest great success , and the Galaxy S9 has climbed up to figures similar to those of the S7 despite selling fewer days in the first quarter than the top end of 2016.
All this counting, as we said, with a smartphone demand 2 percent lower globally , which leaves according to the consultant Canalys the sales of the Galaxy S9 in about 8 million units among all its variants and markets in the first three months of the year, or rather in March , since the last Korean terminal terminal started its sales on March 8:
In his day, the Galaxy S7 harvested about 9 million units sold in the first quarter of 2016, but came earlier to stores with what had some advantage, and also the demand was higher according to Samsung estimates.
Be that as it may, seems to take hold the trend of the change of smartphones every two generations , and it seems that the Samsung Galaxy S9 is indeed more attractive in the market than a Galaxy S8 with slightly lower sales.
In Andro4all | The Samsung Galaxy S9 is the best smartphone on the market, according to Consumer Reports
More information | Samsung Newsroom
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