Today's tech news ---Samsung Says Problems With Supply Of Parts That Will Affect Chip Need, Profit Beats 3 Years Up
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Samsung said, "The problem of supplying the longer-than-expected portion may need to be monitored for potential impacts."
Points
1. Samsung has sent a 28 percent increase in operating profit
2. Young rival SK Hynix on Tuesday hit a bigger note
3. Samsung shares rose 0.3 percent in preliminary trading on Thursday
The problem of long-term partial delivery may need to be addressed due to potential impacts "on the production of devices using memory chips, Samsung said in a statement, although it added that" there is a significant need for servers from increased investment from technology companies. "
The world's largest manufacturer of memory chips and smartphones sent 28 percent operating revenue for the quarter of July-September to KRW 15.8 trillion (approximately Rs. 1,01,090 crore) after an annual increase of 82 percent in the chip business , when profits increased to KRW 10.1 trillion (approximately Rs. 64,620 crore).
Rising memory chip and shipping prices, as well as rising profits in Samsung's chip-contract manufacturing business gave increased chip operating profits.
Samsung says the demand for DRAM chips servers, temporary data storage, and NAND flash chips operating in the data warehouse, is expected to remain strong in the fourth quarter due to increased data center investment, and growth in personal computer production is expected to slow. . in line with the previous quarter.
While supply chain problems may limit the demand for more portable chip customers in the fourth quarter, demand for servers and chips on personal computers is expected to be strong by 2022 despite uncertainties, it said.
Samsung did not comment on the price of memory chip prices, which weighs the company's shares as investors expect prices to rise in the third quarter before falling to mid-2022.
Young rival SK Hynix on Tuesday gained a better note than US peers and predicted the ongoing demand for memory chips. Earlier, chip makers Intel and Micron said shortages in some parts prevented their customers from shipping PCs.
Samsung's operating revenue for the mobile phone segment declined by about 24 per cent a year to KRW 3.36 trillion (approximately Rs. 21,495 crore) in the third quarter, as sales of Samsung's new smartphones were affected by marketing costs.
Despite uncertainty about the supply of parts, end-of-year holiday purchases are expected to increase demand for mobile devices in the fourth quarter, and Samsung aims to keep the number two profit margin in the mobile business by selling more mobile phones and other high-end models. as wearable accessories.
Total revenue increased by 31 percent to KRW 12.3 trillion (approximately Rs. 78,700 crore). Revenue increased by 10 per cent to a record KRW 74 trillion (approximately Rs. 4,73,450 crore).
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