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Samsung Electronics' Q4 Operating Profit of 6.5 Trillion Last Year...29% compared to the previous year ↓

2025.01.08 AM 11:03
Samsung Electronics' operating profit in the fourth quarter of last year was KRW 6.5 trillion

Operating Profit Down 29% Compared to Q3...Revenue also fell 5.2%

The stock market forecast is below 7 trillion won.
[Anchor]
Samsung Electronics announced its business performance in the fourth quarter of last year.

The securities market, which originally forecasted 8 trillion won, lowered its forecast to 7 trillion won, but it was tentatively counted as 6.5 trillion won, which did not meet even this.

In the meantime, Nvidia CEO Jensen Huang said he is still testing Samsung Electronics' high-bandwidth memory.

I'll connect you to a reporter and find out more.

Reporter Hwang Hye-kyung! First, please tell us about Samsung Electronics' fourth-quarter performance.

[Reporter]
Yes, Samsung Electronics disclosed its provisional performance in the fourth quarter of last year through the Financial Supervisory Service's electronic disclosure system this morning.

Operating profit was 6.5 trillion won, down 29% from the previous three quarters.

Sales also fell 5.2% compared to the third quarter to 75 trillion won.

Earlier, securities firms predicted Samsung's operating profit to reach 7 trillion won due to the slowing mobile industry, oversupply of legacy memory, and a drop in the utilization rate of semiconductor consignment production "foundry."

It's a worse performance than this.

In response to this, Samsung Electronics released an unusual explanatory data.

First, the memory business achieved its highest sales ever due to increased sales of high-capacity products amid weak demand for existing legacy memory products, but
The explanation is that
has increased R&D costs and initial costs for expanding production capacity, resulting in a decrease in performance.

It also said that its performance fell due to intensifying competition among companies amid sluggish demand in major users such as mobile.

Samsung Electronics also analyzes that increased marketing costs and the off-season ahead of the launch of new products have also affected it.

[Anchor]
In the meantime, Nvidia CEO Jensen Huang mentioned Samsung Electronics' high bandwidth memory?

[Reporter]
Yes, CEO Hwang said at a press conference held at CES, the world's largest consumer electronics and IT exhibition, "We are currently testing Samsung Electronics' high bandwidth memory, HBM, and we are confident that it will succeed."

He added, "I'm confident of Samsung's success as if I can be sure that the day after Tuesday is Wednesday."

When asked why the test takes so long, he explained, "Korea is trying to do it in a hurry, but it doesn't take this long."

"Samsung has to do a new design and can do it," he said, adding that he is "working very quickly and committed."

HBM is a high-value, high-performance product that vertically connects several DRAMs to speed up data processing compared to existing DRAMs.

SK Hynix is already delivering to Nvidia, but Samsung Electronics is undergoing testing.

Earlier in March last year, CEO Hwang said at Nvidia's annual developer conference that he was testing Samsung Electronics' HBM, but it is still testing it for more than 10 months.

However, despite the news, Samsung Electronics shares are rising due to the influx of foreign buying.

It started more than 1% lower at the open on selling by foreigners and institutions, but has since turned to net buying, showing an upward trend.

I'm YTN's Hwang Hyekyung.



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