Samsung Electronics will announce its preliminary results for the fourth quarter and year of last year on the 8th.
General-purpose memory DRAMs are sluggish due to sluggish front-end industries such as smartphones and PCs, and high-bandwidth memory (HBM) is still low in performance. Nvidia products are still being tested, CEO Jensen Huang said at the CES2025 site in Las Vegas on the 7th (local time).
Samsung Electronics’ operating profit in the fourth quarter of last year was forecast to be 7.73 trillion won, according to a survey of the consensus (performance forecast) of 20 securities companies released by Yonhap Infomax on the 8th.
This is 15.83% less than the operating profit of 9.1834 trillion won in the third quarter of last year.
The fourth-quarter operating profit forecast, which was expected to be around 10 trillion won before and after the third-quarter earnings announcement last year, was gradually lowered to around 7 trillion won.
Samsung Electronics’ fourth-quarter sales forecast came to 76.4986 trillion won, down 3.29 percent from the previous quarter.
While semiconductor profitability has deteriorated due to a prolonged period of sluggish IT demand, it is expected that mobile and display performance, which have been supporting performance, will also slow down somewhat.
Han Dong-hee, a researcher at SK Securities, said, “Due to sluggish set demand, seasonal off-season effects, and intensifying competition, overall profit is inevitable in major business units such as smartphones, displays, non-memory, and memory.”
Although the performance of each division is not disclosed, operating profit in the device solution (DS) sector, which operates a semiconductor business, is estimated to be around KRW 3 trillion, similar to or somewhat less than that of the previous quarter (3.86 trillion won).
Samsung Electronics’ annual sales last year were estimated to be 301.7497 trillion won, up 16.49% from the previous year. Attention is focusing on whether it will recover its annual sales of 300 trillion won for the first time in two years since 2022.
