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Report: Samsung gained its revenue in Q3 in semiconductor chip and mobile sales
According to the Yonhap report, Samsung Electronics will return to higher earnings in the third quarter, despite lower memory prices. Meanwhile, sales of mobile and home appliances have risen on epidemic demand.
According to Yonhap Infomax, Samsung had sales of $63.95 trillion (US $54.5 billion) during the July-September period. An increase of 3.1 percent compared to the previous year. And the operating profit increased 33.7 percent this year to $10.4 trillion.
Samsung’s sales were up 20.7% and operating profit was up 27.6% compared to the previous quarter. Analysts are raising that Samsung’s revenue viewpoint in the coming weeks after predicting that the chip business will not see a big drop in sales despite lower memory prices.
Read More- Samsung One UI 3.0: Latest News, Eligible Devices, Features, and Release Date
Market researcher Trendforce predicts that server DRAM products will be 10-15 percent cheaper in the third quarter. And the prices for mobile DRAM chips and consumer DRAM chips are 8% or higher. Analysts expect that Samsung’s chip business will generate $5 trillion in operating profit in the third quarter of this year.
Kim Kyung-min, a Hana Financial Investment analyst said, “Bit growth in DRAM and NAND flash is expected to increase by 3% and 12% respectively in the quarter, which is better than previous guidelines”.
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Samsung foundry business to grow in the third quarter. Information says that the company has received orders from Qualcomm and Nvidia to manufacture their latest chips.
Samsung’s mobile business operating profit was $4 trillion in the third quarter and operating profit in the second quarter was $1.95 trillion.
Samsung smartphone sales in the third quarter were 80 million units, about a 50% increase compared to the previous quarter. And Sales of the tablets reached 10 million units, approximately 45% increase in the second quarter.
Song Myung-sub, an analyst at Hi Investment & Securities said, “It appears that Samsung has performed well amid Huawei’s struggle and Apple’s new iPhone launch delay, while its tablet sales benefited from a stay-at-home trend”. “With decreased marketing costs amid the pandemic, the mobile business unit’s operating margin is expected to be around 10.5 percent in the third quarter.”
Samsung’s display business is expected to post average revenue in the third quarter due to the delay in launching Apple’s new iPhone 12 series.
At SID 2023, Samsung unveiled next-gen display technologies and showcased them through device prototypes. I like Rollable Flex the most, while the Flex In and Out and Sensor OLED Display panels are stunningly wonderful. Check the next-gen Samsung Display prototypes below:
Rollable Flex
Rollable Flex expands more than five times, from 49 mm to 254.4 mm in length. While conventional foldable or slidable form factors offer up to three times the scalability, Rollable Flex overcomes such limitations by enabling the display to be rolled and unrolled on an O-shaped axis like a scroll.
Flex In & Out
This new foldable phone concept can be folded both inward and outward 360 degrees.
The ‘in-folding’ form factor, which can only be folded inward, requires a separate external panel to view information while folded, but the Flex In & Out is able to overcome that, opening up the possibility of lighter and thinner foldable phones.
Sensor OLED Display
Samsung Display unveiled a new Sensor OLED Display that can recognize fingerprints anywhere on the screen and even check cardiovascular health at SID Display Week 2023. It can measure the user’s heart rate, blood pressure and stress level simply with the touch of two fingers.
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Samsung India has recently posted a new video, which aims to attract Apple iPhone users by letting them try the Galaxy experience. The video begins featuring an iPhone user asking her have you ever experienced Samsung Galaxy and what she could do on her phone.
Here, the video begins promoting the Try Galaxy platform, which turns Apple iPhone into a Samsung Galaxy S23 smartphone running the latest Android 13-based One UI 5.1. It’s all about attracting iPhone users by showcasing the limitless possibilities and innovations in Samsung products.
Samsung’s Try Galaxy is a mind-blowing feature, which works on all iPhones using the Safari app’s Home screen shortcut ability. All they need to do is to visit trygalaxy[dot]com in Safari Browser on their iPhone, follow the on-screen steps, and create a home screen shortcut.
Watch the video below:
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Samsung Galaxy A53 and Galaxy A73 smartphones are grabbing the May 2023 security update in India. The latest security patch is already available for these devices in different countries and the company is now expanding it to more markets.
May 2023 security update for Samsung Galaxy A73 smartphone comes with One UI build version A736BXXU3CWD4 and an updated package size of 645.35 MB. The latest update brings Camera improvements and an Image Clipper feature for Gallery.
On the other side, the Galaxy A53 smartphone is getting the latest Android patch with PDA version A536EXXS5CWDA and an installation package of 207.11 MB.
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Samsung’s May 2023 security update fixes over 70 issues mainly related to Bootloader, App lock, Call Settings, and Telephony framework. The latest firmware overall improves the performance of the device.
If you are using Samsung Galaxy A73 or Galaxy A53 and live in India, then you can install the update by visiting Settings >> Software Update >> Download and install option.
