2q21 revenue of USD 55.357 billion and net profit of USD 8.35 billion From Samsung
The following is the 2q21 revenue of USD 55.357 billion and net profit of USD 8.35 billion From Samsung recommended by recordtrend.com. And this article belongs to the classification: artificial intelligence, Enterprise financial report, Intelligent mobile phone, Intelligent hardware.
On July 29, 2021, Samsung released its financial report for the second quarter of 2021 as of June 30, 2021. According to the financial report, Samsung’s revenue in the second quarter was US $55.36 billion, an increase of 20% over the same period last year; The operating profit was US $10.95 billion, an increase of 54% over the same period last year; The net profit was US $8.35 billion, an increase of 73% over the same period last year.
In the second quarter, the chip division had a revenue of US $19.77 billion and an operating profit of US $6.03 billion. Samsung said that the rising price of memory chips, coupled with higher than expected demand from consumer electronics manufacturers and data center customers, drove the operating profit in the second quarter to a new high since 2018. Samsung said that the significant improvement in chip business profits was mainly due to the higher than expected shipment volume and price increase of memory chips, and the company improved its market competitiveness in cost control.
The display panel division had a revenue of $5.97 billion and an operating profit of $1.11 billion in the second quarter. Samsung said that the one-time revenue and overall price rise increased the profit of the display panel business.
In the second quarter, the mobile communication department had a revenue of US $19.71 billion and an operating profit of US $2.82 billion. Samsung said that due to the limited supply of mobile processor chips and the production interruption related to the epidemic, the profit of the mobile communication department decreased compared with the previous quarter. However, with the company’s effective use of the global supply chain and continuous improvement of the cost structure, the profit in the second quarter was generally stable.
The second quarter revenue of the consumer electronics department was US $11.65 billion and the operating profit was US $920 million. Samsung pointed out that due to the continued strong market demand and the increase in sales of high-end products, the performance of the company’s consumer electronics business is satisfactory.
Samsung expects that the market environment in the second half of the year will be conducive to the chip, display panel and other parts business. The company mainly focuses on improving the leading position of related products and technologies. In terms of mobile communications and consumer electronics, the company aims to maintain stable profitability by strengthening the market leadership of high-end products. Samsung also warned that the risk of continued interruption of parts supply and the uncertainty related to the epidemic may persist.
Samsung believes that the demand for memory business of servers and mobile products will continue to grow. The company will accelerate the migration to 15 nm DRAM memory chips and the 6th generation flash memory technology, and expand the application of extreme ultraviolet (EUV) lithography in the production of DRAM memory chips. With the launch of new smart phones, Samsung expects that the market demand for system LSI system chip system LSI will increase. In terms of OEM business, Samsung will expand the production capacity of S5 production line in pingze, South Korea, and adjust the price to adapt to the future investment cycle.
In terms of display panel business, with the launch of new flagship models by major customers, Samsung expects the mobile device display panel business to be improved. The company plans to focus on completing the mass production process of QD display and start shipping within the year.
Samsung mobile communication department plans to launch new foldable smart phones and release more 5g mobile phones for the mass market, so as to achieve stable revenue and profits by improving the competitiveness of the product lineup. In addition, Samsung said it would continue to increase sales of Galaxy ecosystem products.
Via Tencent technology read more: Xiaomi: 2q20 revenue was 53.538 billion yuan, a year-on-year increase of 3.1%. Xiaomi group: 1q20 revenue was 49.702 billion yuan, higher than the market expectation. Samsung Electronics: 3q20 net profit was 8.3 billion US dollars, a year-on-year increase of 48.9%. Apple: 2q21 revenue was 98.6 billion US dollars, a year-on-year increase of 87.5% in China. Apple: 1q21 net revenue was 111.439 billion US dollars, and the quarterly revenue exceeded 100 billion US dollars for the first time in history : 3q20 net revenue increased by 11% year-on-year to $59.685 billion, exceeding expectations. Samsung Electronics: 1q21 net profit increased by 46.2% year-on-year to $6.4 billion. Apple: 2q20 earnings conference call recorded stock repurchase plan increased by another $50 billion. Apple: 3q20 earnings conference call recorded that iphone11 is the best selling mobile phone in China. Apple: 2q21 earnings conference call recorded that Chinese consumers are all interested in iphone12 Apple: app store generated revenue of US $519 billion in 2019, China reached US $246 billion. Apple: 4q20 net revenue was US $64.698 billion, exceeding Wall Street analysts’ previous expectations. Xiaomi: revenue of RMB 245.9 billion in 2020, a year-on-year increase of 19.4%, mobile phone revenue soared, 146 million Samsung Electronics shipped: 2q21 revenue was US $55.7 billion, a year-on-year increase of 18.94%, apple: 2q20 net profit was US $11.249 billion, a year-on-year decrease 3%
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