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Samsung Electronics sets out to build 11 semiconductor plants in Texas over next 20 years

삼성, 20년간 250조원 들여 텍사스에 반도체공장 11곳 신설 추진

Samsung Electronics is poised… to expand… its manufacturing presence… in the U.S. state of Texas… over the next two decades… by building… 11 new chip plants.
According to documents… filed with Texas authorities… the South Korean tech giant has applied… for tax cuts… on a 167-point-6 billion dollar investment plan… for 9 new plants… in Taylor… and 24-point-5 billion dollars… for 2 new facilities in Austin.
Now… this is… in addition… to two factories… already in Austin… and… one…. that’s currently in operation… in Taylor.
Samsung reportedly plans… to create 10-thousand jobs… with its latest undertaking.

#Samsung #semiconductor #Texas

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2022-07-22, 14:00 (KST)

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Samsung Electronics’ estimated operating profit in 2021 up 43.5% to around US$ 43 bil.

삼성전자 작년 영업이익 51조6천339억원…전년 대비 43.5%↑

South Korean tech giant Samsung Electronics has reported its highest-ever sales for 2021, led by its chip business and new phones.
Record-high sales at LG Electronics too… on its home appliance business… which is now the biggest in the world.
Eum Ji-young has more.
Samsung Electronics posted better than expected earnings in 2021.
According to the firm’s earnings guidance on Thursday,… its estimated operating profit last year was around 43 billion U.S. dollars,… around 44 percent higher compared to 2020.
This is the company’s third highest operating profit ever and the largest since 2018’s semiconductor boom period.
Sales hit a record 232 billion dollars,… up 18 percent compared to the year before.
Operating profit in the final three months of 2021 was around 11 billion dollars,… up 53 percent on-year.
The surprising earnings were led by semiconductors,… with 78 billion dollars in sales, making Samsung the world’s market leader,… topping Intel for the first time in three years.

“2021’s strong earnings were led by the rise in the average selling price of memory semiconductors in the first to third quarters in 2021 compared to the previous year. Another factor was an increase in the shipments of OLED products and an improvement in the profitability of smartphones.”

Samsung Electronics’ strong earnings were also largely due to its latest smartphone series,… including the Galaxy Z Fold 3 and Galaxy Z Flip 3.
One million of these new foldable phones were sold in the 39 days after their release and around eight million of Samsung’s foldable phone models were sold last year overall.
LG Electronics also posted an earnings surprise last year,… recording an all-time high in sales.
According to the company’s guidance report,… estimated sales came to about 62 billion dollars last year,… up almost 29 percent on-year.
This is the first time the company’s yearly sales figure has topped 70 trillion won which is about 58 billion dollars.
LG Electronics’ yearly sales ranked first among global companies for the first time,… beating America’s Whirlpool’s sales of around 22 billion dollars.
The company said strong sales of LG’s home appliances along with an expansion of major markets abroad have helped boost revenue.
Eum Ji-young, Arirang News.

#Samsung #profit #economy

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2022-01-27, 17:00 (KST)

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Samsung Electronics and Naver both post increased earnings for 2020

삼성전자, 네이버 작년 영업이익 나란히 호조

Despite the financial after effects from COVID-19, South Korea’s Samsung Electronics and also Naver performed strongly throughout 2020.
Solid need for memory chips was key to Samsung’s success, while the portal site Naver mainly enjoyed the benefit of more individuals staying within.
Kim Sung-min records.
South Korean tech titans, Samsung Electronics and also Naver on Thursday both posted sharp increases in earnings for 2020.
Samsung Electronics has approximated in 2015’s operating revenues to be the fourth-largest on record, … at around 32-point-5 billion U.S. dollars.
That is a dive of nearly 30 percent from the previous year, … despite the economic reaction from COVID-19.
Sales edged up simply reluctant of 3 percent, … amounting to some 213-billion bucks.
In the 4th quarter of last year, Samsung uploaded an on-year jump of 26 percent in operating profits, … though it was smaller sized than the previous quarter, … when the company racked up record quarterly profits of 11 billion dollars.
Analysts claim that regardless of strong memory chip sales as well as display earnings, … lower chip prices and also a weak U.S. dollar might have dragged down the business’s fourth-quarter revenues.
Samsung says its overall earnings will certainly compromise in the initial quarter of 2021 because of unfavorable currency activities along with the expense of brand-new manufacturing lines.
At The Same Time, South Korea’s leading net site operator Naver saw its sales in 2020 rise greater than 21 percent on the back of the non-contact fad in the middle of the coronavirus pandemic.
Its operating profits likewise jumped 5 percent to 1-point-1 billion dollars.
This was greatly as a result of record-breaking profits in the fourth quarter of in 2015, … thanks to solid growth in its online-payment, web content and also shopping services.
Driven mostly by its search system, cloud, and fin-tech fields, … Naver’s Q4 sales in 2020 leapt around 28 percent, … while operating revenues bordered up greater than 17 percent.
Components sales also saw a 21 percent rise as Korean webtoons increased internationally.
Kim Sung-min, Arirang News

#Samsung _ Electronics #Naver #operating _ profit.

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2021-01-28, 12:00 (KST).

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Samsung Electronics and Naver both post increased earnings for 2020

삼성전자, 네이버 작년 영업이익 나란히 호조

Despite the economic fallout from COVID-19, South Korea’s Samsung Electronics and Naver performed strongly throughout 2020.
Solid demand for memory chips was key to Samsung’s success, while the portal site Naver largely reaped the benefit of more people staying inside.
Kim Sung-min reports.
South Korean tech giants, Samsung Electronics and Naver on Thursday both posted sharp increases in earnings for 2020.
Samsung Electronics has estimated last year’s operating profits to be the fourth-largest on record,… at around 32-point-5 billion U.S. dollars.
That is a jump of almost 30 percent from the previous year,… despite the economic backlash from COVID-19.
Sales edged up just shy of 3 percent,… amounting to some 213-billion dollars.
In the fourth quarter of last year, Samsung posted an on-year jump of 26 percent in operating profits,… though it was smaller than the previous quarter,… when the firm racked up record quarterly profits of 11 billion dollars.
Analysts say that despite strong memory chip sales and display profits ,…lower chip prices and a weak U.S. dollar may have dragged down the company’s fourth-quarter earnings.
Samsung says its overall profit will weaken in the first quarter of 2021 due to unfavorable currency movements as well as the cost of new production lines.
Meanwhile, South Korea’s top internet portal operator Naver saw its sales in 2020 soar more than 21 percent on the back of the non-contact trend amid the coronavirus pandemic.
Its operating profits also jumped 5 percent to 1-point-1 billion dollars.
This was largely due to record-breaking earnings in the fourth quarter of last year,… thanks to solid growth in its e-commerce, online-payment and content businesses.
Driven largely by its search platform, fin-tech, and cloud sectors,… Naver’s Q4 sales in 2020 jumped around 28 percent,… while operating profits edged up more than 17 percent.
Contents sales also saw a 21 percent increase as Korean webtoons expanded globally.
Kim Sung-min, Arirang News

#Samsung_Electronics #Naver #operating_profit

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2021-01-28, 12:00 (KST)

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Samsung and LG Electronics both see operating profit in Q2

삼성전자 2분기 영업이익 8조1463억원, LG도 ‘가전’의 힘으로 선방

Samsung Electronics saw its earnings soar as sales were boosted by millions working and learning from home during the virus pandemic.
LG also topped market expectations on strong home appliance sales.
Kim Sungmin has our top story.
Samsung Electronics’ operating profit for the second quarter of 2020 amounted to around six-point-eight billion U.S. dollars.
That is the largest figure since the final quarter of 2018.
The South Korean tech giant said that while its total sales were down some 5-point-6 percent on-year amid COVID-19, its operating profits were up 23-and-a-half percent.
Samsung says this was largely driven by the increased profitability of memory chips and displays…, along with high demand for the IT products people have been using during lockdowns.
For the latter half of 2020, Samsung says it expects demand to rebound on products like smartphones while seeing firm demand for memory chips with the release of new mobile and game console models.
But there are some analysts who think global demand for semiconductors could decline in the following quarter.
“As companies have already bought sufficient stock of semiconductors in the first half of the year, they will have to reduce purchases in the following quarters. This could lead to decline in sales of semiconductors in the third quarter.”
Samsung Electronics aims to improve earnings in the following quarter by cutting production costs and improving efficiency.
However, it says the pandemic remains a constant source of uncertainty.
LG Electronics also managed to see an operating profit of 410-million U.S. dollars for the same period.
That is around 24% down from the second quarter of the previous year…, but is still higher than market expectations.
Focusing on sales of premium home appliances and reducing production costs…, the company recorded its highest ever second quarter operating profit to sales ratio.
It attributed the figure to customers’ increased interest in health and hygiene…, which led to higher sales of products like its drying machines and Styler outfit cleaning machines.
LG Electronics is also keeping its eyes on the global business environment amid COVID-19 but expects to see demand for some products like TVs pick up in the second half of the year.
Kim Sung-min, Arirang News

#Samsung #LG #profits

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Samsung Electronics’ Q2 earnings rose 23.48% y/y to US$ 6.8 bil. despite COVID-19

삼성전자 2분기 영업이익 8조1463억원 … 작년 대비 23.5% ↑.

Let’s begin with the large business information of the day.
Despite the difficult economic situation, … South Korean tech giant Samsung Electronics still took care of to profit in the second quarter of this year.
While there’s still unpredictability from COVID-19, the firm additionally anticipates to see solid need for a few of its main products in the second half of 2020.
Kim Sungmin reports.
Samsung Electronics’ incomes for the second quarter of 2020 totaled up to around six-point-eight billion U.S. dollars.
That is the largest operating revenue since the last quarter of 2018.
The South Korean tech titan claimed that while its total sales were down some 5-point-6 percent on-year amid COVID-19, its operating earnings were up 23-and-a-half percent.
Samsung states this was greatly driven by the boosted success of memory chips and also screens …, along with high demand for the IT products people have been using throughout lockdowns.
According to Samsung, the operating benefit from semiconductors comprised around 67% of the total revenues.
Likewise, sales of mobile phones as well as home devices, which were expected to see a massive decline in demand, had better sales than expected.
The operating revenues for mobile phones pertained to around 1-point-6 billion US bucks …, a 25% rise from the same period last year.
For the last fifty percent of 2020, Samsung claims it expects demand to rebound on items like smartphones while seeing solid demand for memory chips with the launch of new mobile as well as game console designs.
The business likewise aims to enhance earnings in the following quarter by reducing manufacturing costs as well as improving effectiveness.
It states the pandemic stays a continuous resource of uncertainty.
Kim Sung-min, Arirang News.

#Samsung #Economy #profit.

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Samsung Electronics’ Q2 earnings rose 23.48% y/y to US$ 6.8 bil. despite COVID-19

삼성전자 2분기 영업이익 8조1463억원…작년 대비 23.5%↑

Let’s start with the big business news of the day.
Despite the tough economic situation,… South Korean tech giant Samsung Electronics still managed to turn a profit in the second quarter of this year.
While there’s still uncertainty from COVID-19, the company also expects to see solid demand for some of its main products in the second half of 2020.
Kim Sungmin reports.
Samsung Electronics’ earnings for the second quarter of 2020 amounted to around six-point-eight billion U.S. dollars.
That is the largest operating profit since the last quarter of 2018.
The South Korean tech giant said that while its total sales were down some 5-point-6 percent on-year amid COVID-19, its operating profits were up 23-and-a-half percent.
Samsung says this was largely driven by the increased profitability of memory chips and displays…, along with high demand for the IT products people have been using during lockdowns.
According to Samsung, the operating profits from semiconductors made up around 67% of the total profits.
Also, sales of mobile phones and home appliances, which were expected to see a huge drop in demand, had better sales than expected.
The operating profits for mobile phones came to around 1-point-6 billion US dollars…, a 25% increase from the same period last year.
For the latter half of 2020, Samsung says it expects demand to rebound on products like smartphones while seeing firm demand for memory chips with the release of new mobile and game console models.
The company also aims to improve earnings in the following quarter by cutting production costs and improving efficiency.
However, it says the pandemic remains a constant source of uncertainty.
Kim Sung-min, Arirang News

#Samsung #Economy #profit

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Samsung Electronics’ Q2 earnings beat expectations

코로나 이겨냈다…삼성전자 8조원 깜짝실적, LG전자 예상보다 선전

Despite the global pandemic, South Korea’s top electronics firms saw earnings surprise in the second quarter.
Samsung had a steep rise in estimated operating profit, and LG did better than expected.
Here’s Kim Jae-hee with a break down of the digits
Samsung Electronics’ earnings estimate in the second quarter of this year beat expectations, thanks to solid demand for semiconductor chips, as the COVID-19 pandemic encouraged more of a non-contact lifestyle.
In its earnings guidance on Tuesday, the tech giant said its operating profit for the April to June period this year was an estimated six-point-eight billion U.S. dollars.
This is a 22-point-seven-three percent increase from the same period last year, when it was roughly five-and-a-half billion dollars.
But COVID-19-induced shutdowns dragged down Samsung’s sales 7-point-three-six percent on-year to an estimated 43-point-6 billion dollars.
“Samsung Electronics’ better-than-expected chip business appears to be behind the company’s overall performance amid the COVID-19 pandemic.”
“Samsung Electronics’ second quarter earnings were better than expected, thanks to a rise in memory chip prices amid the increase in non-contact activities. The company’s semiconductor earnings might be stagnant in the third quarter, but with the smartphone and display sectors expecting solid results, the third quarter earnings overall are likely to further improve.”
But with the prolonged COVID-19 pandemic, and the bitter U.S.-China relationship, there are still downside risks.
“The global economic fallout from the COVID-19 pandemic still exists. On top of that, there’s also the risk of the semiconductor and display sector facing a downturn if U.S. sanctions fully hit Huawei in September.”
Meanwhile, LG Electronics posted an earnings decline for the second quarter, but still was above market consensus, thanks to its home appliance business exceeding expectations.
The company’s guidance report said its operating profit estimate in the second quarter was down 24-point-4 percent on-year and sales were down 17-point-9 percent.
The two companies will release their finalized figures later this month.
Kim Jae-hee, Arirang News.

#Samsung #Q2 #earnings

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Samsung Electronics’ Q2 earnings beat expectations

코로나 이겨냈다…삼성전자 8조원 깜짝실적, LG전자 예상보다 선전

Despite the global pandemic, South Korea’s top electronics firms saw earnings surprise in the second quarter.
Samsung had a steep rise in estimated operating profit, and LG did better than expected.
Here’s Kim Jae-hee with a break down of the digits
Samsung Electronics’ earnings estimate in the second quarter of this year beat expectations, thanks to solid demand for semiconductor chips, as the COVID-19 pandemic encouraged more of a non-contact lifestyle.
In its earnings guidance on Tuesday, the tech giant said its operating profit for the April to June period this year was an estimated six-point-eight billion U.S. dollars.
This is a 22-point-seven-three percent increase from the same period last year, when it was roughly five-and-a-half billion dollars.
But COVID-19-induced shutdowns dragged down Samsung’s sales 7-point-three-six percent on-year to an estimated 43-point-6 billion dollars.
“Samsung Electronics’ better-than-expected chip business appears to be behind the company’s overall performance amid the COVID-19 pandemic.”
“Samsung Electronics’ second quarter earnings were better than expected, thanks to a rise in memory chip prices amid the increase in non-contact activities. The company’s semiconductor earnings might be stagnant in the third quarter, but with the smartphone and display sectors expecting solid results, the third quarter earnings overall are likely to further improve.”
But with the prolonged COVID-19 pandemic, and the bitter U.S.-China relationship, there are still downside risks.
“The global economic fallout from the COVID-19 pandemic still exists. On top of that, there’s also the risk of the semiconductor and display sector facing a downturn if U.S. sanctions fully hit Huawei in September.”
Meanwhile, LG Electronics posted an earnings decline for the second quarter, but still was above market consensus, thanks to its home appliance business exceeding expectations.
The company’s guidance report said its operating profit estimate in the second quarter was down 24-point-4 percent on-year and sales were down 17-point-9 percent.
The two companies will release their finalized figures later this month.
Kim Jae-hee, Arirang News.

#Samsung #Q2 #earnings

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반도체 패권 전쟁, 삼성전자, intel, tsmc 승리?

FALSE:: ERROR: UNSUPPORTED ENCODING