UPDATED. 2023-11-28 14:01 (화)
Samsung’s chip division narrows operating loss in second quarter
Samsung’s chip division narrows operating loss in second quarter
  • Noh Tae Min 기자
  • 승인 2023.07.28 10:12
  • 댓글 0
이 기사를 공유합니다

DRAM inventory peaked out in May, tech giant says
Image: Samsung
Image: Samsung

Samsung’s chip division recorded a steep operating loss of 4.36 trillion won in the second quarter due to the global economic downturn that is causing weak demand for IT products.

However, inventory of chips peaked in May and is declining, the South Korean tech giant said, a sign that demand for chips may have bottomed out.

In total, in the second quarter, Samsung reported 60 trillion won in revenue and 668.5 billion won in operating income. Compared to a year prior, revenue dropped 22.28% and operating income nosedived 95.26%.

As in the previous quarter, the poor performance of the Device Solutions (DS) Division, Samsung’s chip division, is the main cause, though the division narrowed its operating loss by 220 billion won compared to the prior quarter.

However, the company said its DRAM shipment, thanks to demand for DDR5 and HBM, exceeded guidance announced in the prior quarter. Its inventory also peaked out in May, Samsung added.

Its foundry business also saw profitability decline from low demand caused by the global economic downturn, the tech giant said. The operation rate of 8-inch and 12-inch legacy nodes substantially dropped.

In logic, Samsung System LSI also performed poorly from delay the recovery of parts in mobile, the company said.

The tech giant said it plans to expand the sales of high-end DRAM and gain new foundry orders during the second half of the year. It will optimize a portfolio centered around high value, high capacity products through flexible operation of supply, Samsung said. 

Samsung System LSI will secure performance in SoC for adoption in flagship models and also seek to diversify solutions outside of smartphones such as offering chips for automobiles, the tech giant said.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2023 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr