Samsung Electronics financial results for the first quarter of fiscal year

Samsung Electronics financial results for the first quarter of the year tax


Samsung mobile division continues to lose benefits pending the new Galaxy Galaxy S6 and S6 change the dynamics Edge. The other divisions grow at a very favorable rate.

The latest report fiscal quarter from January to March indicates that the company has achieved a better result than in the last fiscal quarter of 2014, but profits continue to fall YoY rise.

Revenue from Samsung in the quarter were 47.12 million Korean won (KRW), about $ 44.09 billion at current exchange rates, down 11% from the previous quarter, while profit operating was KRW 5.9 trillion, an increase of 690 billion the previous quarter. According to the expectations of the company published on 7 April (47 billion / 5.9 billion KRW).

Graph of Jan Dawson. The handset sales returns to grow, but tablets and high-end smartphone continues to fall as it affects income.

Graphic of Jan Dawson. Handset sales will grow back, but the tablets and high-end smartphone continues to fall as it affects income.

2014 was a year of losses in share market and steady income. Samsung Electronics has once again get the top spot as a manufacturer with more terminals distributed the first quarter as data Strategy Analytics. The problem is that sales of tablet and high-end smartphones continue to fall, resulting in a new period of lost revenue YoY.

 Graph of Jan Dawson.

Graphic of Jan Dawson.

What’s more, the operating profit of the division has grown from a healthy $ 6 billion in the first quarter of 2014 to about $ 2.6 billion for this Q1 2015 . The decline is due to the strong growth of its competence in Chinese : Apple at the high end and Xiaomi, Meizu and other manufacturers on the floor. The answer is the Galaxy Galaxy S6 and S6 Edge.

 Graph of Jan Dawson.

Graphic of Jan Dawson.

Samsung assures shareholders that sales are still good. Edge that have exceeded all expectations and that the problems in production line to meet the demand of the terminal with curved screen shall be settled soon. In three months we will see if it was true.

The other divisions are growing apace . It stresses the semiconductor division with an operating profit of $ 2.7 billion ($ 1.8 billion in the same period of 2014). The demand for RAM chips, although sole standard to be low in the first quarter, has been very high because of the demand for DDR4 chips / LPDDR4 by manufacturers of smartphones and servers. NAND sales have also been very good thanks to increased sales of SSDs and memories UFS.

Display Samsung earned 6.85 trillion KRW in revenue and 520 billion in profits this quarter. The profitability of LCD panels has increased thanks to the sale of UHD TVs. Profits have increased by selling also screens for smartphones. It has gone from a profit of $ 75 million in Q1 2014 to a $ 490 million in Q1 2015







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Samsung Electronics financial results for the first quarter of fiscal year
Source: english  
April 29, 2015


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