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Samsung’s profit rose 51% in Q1 2022, thanks to solid chip demand, S22 Ultra sales

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Just recently, the South Korean tech giant Samsung announced the economic results for the first quarter ended March 31, 2022. The company has record tight revenue for the third quarter of KRW 77.78 trillion and operating profit of KRW 14.12 trillion, a 51% increase from a year earlier.

Samsung Q1 2022 Report

As per the report, Samsung’s mobile business assigned sequential increases in revenue, thanks to strong sales of Galaxy S22 Ultra, positive responses to new, mass-market 5G models, and solid sales of device ecosystem products including tablets and watches. The Networks Business continued to expand overseas and met domestic 5G evolution needs.

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Where Samsung Display market saw record Q1 results for mobile displays driven by strong sales to major smartphone customers, while for large displays the improvement of production yield of quantum-dot (QD) displays exceeded anticipations.

Samsung Q1 2022 Counterpoint

The strength of the US dollar against the Korean won was outweighed by weakness in some emerging currencies, leading to a positive impact of approximately KRW 300 billion on operating profit compared to the previous quarter.

In the MX business, revenues are expected to grow significantly YoY, driven by solid sales of the Galaxy S22 series and higher sales of new mass-market 5G models. The Company expects to achieve solid profitability by utilizing global SCM capabilities, despite macroeconomic uncertainties.

Samsung Galaxy S22 Ultra

On the other hand, the DS division posted KRW 26.87 trillion in consolidated revenue and KRW 8.45 trillion in operating profit in the first quarter. And SDC posted KRW 7.97 trillion in consolidated revenue and KRW 1.09 trillion in operating profit for the first quarter.

The MX and Networks businesses posted KRW 32.37 trillion in consolidated revenue and KRW 3.82 trillion in operating profit for the first quarter.

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Mohit likes to keep silent in his workspace to always focus on improving his ability to understand new topics. He has his way of living life and his interest in Samsung lead him to become a Samsung enthusiast and writer at Sammy Fans.

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Samsung ranks fourth on Forbes list of world’s largest tech companies

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Samsung Paytm India

Despite high sales costing trillions of dollars in market value, the world’s largest technology companies remain strong against the stringencies of Wall Street — many of which collect revenue and profits as their dominance begins to decline.

After looking for a record of 177 locations on the list by 2021, the number of technology companies reaching Global 2000, Forbes’ annual average of the world’s largest companies, dropped to 164 this year (2022), but the overall decline did not prevent total sales. The firms have set a record $4 trillion in gross annual revenue over the past 12 months, up from about $3.3 trillion last year — even a few firms.

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According to a recent report, Samsung Electronics‘ ranking on Forbes’ list of the world’s largest technology companies dropped two notes from second in 2021 to fourth in 2022.

World’s Largest Tech Companies ln 2022

Samsung Electronics’ sales increased to US$244.2 billion from US$200.7 billion last year, but its market value declined by US$143.2 billion to US$367.3 billion, according to US Business Magazine.

Apple also took the top spot and its market capitalization reached US$2.6 trillion, up from US$300 billion last year from $2.3 trillion. In this list, Google’s parent company Alphabet is in second place.

The sales of Alphabet sales reached US $257.5 billion, an increase of US $75.1 billion from the previous year (US $182.4 billion). At the same time, its market capitalization also increased from US $ 1.5 trillion to US $1.6 trillion.

Likewise, Microsoft (US $2.1 trillion) took the third spot, while Tencent (US $414.3 billion) remained in the top five. Meta Platforms (the US $499.9 billion) took the sixth spot, followed by Intel (US $190.3 billion), TSMC (the US $494.6 billion), Cisco Systems (US$213.4 billion), and IBM (US$124.3 billion).

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TSMC likely to be defeated by Samsung in the first 3nm chip competition

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According to a recent report by a Korean media, the world’s largest manufacturer of semiconductor foundry, TSMC will begin developing a semiconductor 1.4-nanometer nm. It is analyzed as a strategy not to lose leadership in the tech competition as well as the performance of rival founders Samsung Electronics and Intel.

As the report suggests, TSMC plans to convert the R&D team of the 3nm process into a 1.4nm development team and use it officially from next month. TSMC is very likely to lose to Samsung Electronics in the first 3nm competition.

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Recently, Samsung Electronics announced plans to produce 3-nano semiconductors in the first half of this year and TSMC in the second half. Intel, which arrived late at the foundry, annoys TSMC by launching a 2nm process in early 2024 and a 1.8nm process in the second half of 2024.

As a result, the TSMC is refining its leadership by building a 1nm first phase process. And the Chinese media Qulali Kerji said, “The production of TSMC’s 2-nano is scheduled for testing by 2024, so bulk production will be by 2026.

TSMC has been competing fiercely with Samsung Electronics for 5nm and less, with Intel also competing in this battle, but defeating their rivals in terms of performance.

According to TrendForce, a market research company, TSMC is ranked with 52.1% of the market share established (based on sales) in the fourth quarter of last year, followed by Samsung Electronics with 18.3% and second place.

An industry official said, “TSMC benefits greatly when orders are being delayed by companies setting up during shortages of semiconductors.”

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Samsung image sensor sales increased, and Sony chased to become market leader

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Samsung is the number one in terms of the semiconductor market and now the company has increased its image sensor market around the globe. Similarly, Sony is aspiring to be the market leader by differentiating products and using new technologies.

According to market research company TSR, Sony’s market share, which is previously listed in image sensor sales, has declined slightly. On the other hand, companies of late like Samsung and Omnivision have been able to increase their market share.

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By 2021, the market share of Sony image sensors was estimated to be 43% with sales of $8.7987 billion. This is a decrease of 1.3% compared to last year. Samsung took second place with 19.7%, while Omnivision took third place with 14.1%. They achieved marginal growth of 0.8% and 2% respectively over the previous year, closing the gap by moving ranks.

Samsung Camera

Samsung’s expanding market share is due to price competition and a sharp increase in sales focused on medium to low-end smartphones. The analysis shows that Samsung has reduced costs by upgrading its image sensor packaging technology.

Counterpoint has analyzed that the price reduction of the 50-megapixel image sensor released last year by Samsung is the driving force behind the growth. Keeping this in mind, not only Samsung Electronics’ mid-range smartphones but also smartphones like Vivo, Oppo, and Xiaomi are equipped with the above image sensor.

Samsung also uses its line to easily generate photosensors. With this in mind, Samsung plans to use the image sensor as an important weapon for systemic semiconductors. As the number of smartphones with premium application processors (APs) has exceeded market expectations, it is expected to recover its revenue by growing the image sensor business.

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