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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.
Samsung has finally launched the Android 15-based One UI 7 Beta Program. The official announcement was made on December 5. The activity is initially available for the Galaxy S24, S24 Plus, and S24 Ultra in seven.
One UI 7 introduces radical interface tweaks, fresh new UI components, rich graphics, plenty of new features, and a lot more. The new software also uplevels the security system of your Galaxy smartphone to keep data safe.
What’s New in One UI 7?
Samsung’s Android 15-based One UI 7 Beta Program delivers a glimpse into a revolutionary smartphone experience powered by cutting-edge Galaxy AI features, enhanced personalization, and an overhauled interface.
One UI 7 integrates advanced AI agents and multimodal capabilities across the interface, enabling seamless and natural interactions.
Key AI enhancements include:
Writing Assist Tools: Users can now boost productivity with integrated AI-powered tools that summarize content, check grammar and spelling, and format notes into bullet points—all without switching between applications.
Samsung One UI 7 AI Writing Assist Tools (Source – Samsung)
Call Transcriptions: Calls recorded on Samsung Galaxy devices running the latest One UI 7 can now be transcribed automatically, supporting 20 languages, offering a convenient solution for multitasking professionals.
Samsung One UI 7 Call Transcript (Credit – Samsung)
One UI 7 introduces a streamlined design language centered around simplicity and user engagement.
Now Bar:
- Accessible directly from the lock screen, this feature offers instant access to activities like Interpreter, Music, Recording, and Stopwatch.
- Reduces the need to unlock the device frequently, transforming the lock screen experience.
Samsung One UI 7 Now Bar (Source – Samsung)
Simplified Customization:
- Redesigned widgets and lock screens allow users to personalize their devices effortlessly.
- Enhanced control over every detail ensures a more intuitive and cohesive experience.
Refreshed Camera UX:
- Reorganized controls make advanced settings easier to access.
- Pro and Pro Video modes now feature a simplified manual settings layout and a new zoom control for smoother transitions during video recording.
Availability and Rollout
The One UI 7 beta program is now available for Galaxy S24 series users in Germany, India, Korea, Poland, the UK, and the US, starting December 5.
The official release of One UI 7 will begin in Q1 2025 with the next-generation Galaxy S series devices. Over time, it will expand to other Galaxy devices, reflecting Samsung’s commitment to extended OS upgrades.
Samsung seems to have revised its smartphone production target for 2025. Meanwhile, Samsung is aiming to foster Galaxy S25 series production than the S24 series. New input suggests that the production target is reduced by 7 to 8 million.
According to TheElec, Samsung is cutting smartphone production estimates for 2025, but the flagship Galaxy S25 series could be produced higher than the Galaxy S24 series.
Back in October, it was reported that Samsung is aiming to produce 237 million phones in 2025. As per the revised plan, the company has set a production target of 229.4 million.
In particular, the Galaxy S25 series is expected to be produced at 37 million units. Meanwhile, the Galaxy S24 series is estimated to be shipped 35 million units this year.
It seems the budget and entry-level phones would be produced in slightly lesser quantities. The aim is to maintain a conservative outlook without impacting premium sales.
On the flip side, the report also revealed production estimation of foldable smartphones, as follows:
- Galaxy Z Flip 7 – 3 million
- Galaxy Z Flip FE – 900,000
- Galaxy Z Fold 7 – 2 million
These figures sum up to a production target of around 6 million units. Combining a Fan Edition model, the sale is still estimated at 6 million – suggesting a slow pace of adoption.
The Galaxy S25 series will launch in late January next year, while the foldable devices may debut in July. Samsung is also preparing to introduce a Slim variant of the S25 series, while the launch timeline is uncertain.
Samsung Calendar app got a new icon with One UI 7, including new icons and enhanced features. The One UI 7 Beta update has been released, and a new report suggests that beta users just received the first app update, which is for the Samsung Calendar app.
The latest update of the Samsung Calendar app arrives with version 12.6.00.35. It brings a new tweak to the app icon, you can now see the name of the day along with the date. This update is truly useful as users no longer need to open the calendar to check the day, they can see its glance on the icon.
The new revamped icon of the Samsung Messages app is available for devices running Android 15-based One UI 7 beta, which means it’s currently only for the Galaxy S24 series. More devices will get this revamped icon with One UI 7.
Aside from this, the One UI 7 update makes handling your calendar easier. You can now reschedule events by simply dragging and dropping them in the Month view.
You can now choose which calendars to show on your widgets which lets you display different calendars on your home screen. With the “Add countdown widget”, you can add countdowns for events like birthdays to see the days left and right on your home screen.
Moreover, you can also move all events from one calendar to another without hassle, perfect for switching from a phone-based calendar to a cloud-based one. If you are a Galaxy S24 user, register and install the One UI 7 Beta to enjoy new Samsung Calendar features.