Tech & Science Samsung expects significant profit gain for the first quarter 2021

11:50  07 april  2021
11:50  07 april  2021 Source:   t3n.de

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of the Electronics Great Samsung expects a significantly higher operating profit thanks to catching smartphone sales for the first quarter of 2021.

Samsung legt Zahlen für das erste Quartal vor. © Arcansel / Shutterstock Samsung presents numbers for the first quarter.

The operating result in the core transactions from Samsung will be expected to increase 44.2 percent year-on-year to 9.3 trillion WON (about seven billion euros), the South Korean company announced on Wednesday. Samsung Electronics is the market leader in smartphones, memory chips and televisions.

When sales, Samsung expects 17.5 percent to increase the past quarter to 65 trillion WON (about 49 billion euros). As usual, the Group presents more detailed business numbers at a later date.

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analysts assume that Samsung profited from the lower launch prize for the recent generation of his smartphone top model in the first quarter. In January, the South Koreans had brought the Galaxy S21 series (Test) on the market. Compared to the predecessor models, the versions of the S21 were offered much cheaper.

Low profit in the chip area

on the other hand, Samsung has expected a lower operational gain in the chip division. Samsung was, like other semiconductor producers, was also affected by the cold disaster in February in Texas. The unusually low temperatures in the southern US state had provided for large-scale power outages and hinders the chip production located there.

Last year , Samsung had benefited from increasing Internet traffic due to the pandemic. As a result, the demand for memory chips for servers and PCs had increased significantly since starting the crisis, as more people work from home. At the beginning of this year, Samsung had predicted a stable development of the chip needs of data centers and PC customers. dpa

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This is interesting!