With the pandemic, everyone's closure at home and the increase in consumption caused a shortage of chips in the market, causing manufacturers to agree with other companies for production one by one. Although it has had problems with production lately, Samsung's earnings may be more than expected.
Samsung is the world's largest memory and smartphone manufacturer. Chip production, which is a fixture of the giant company, accounts for about half of its profits. His announcement on Thursday will be better than expected, according to forecasts.
According to the result of the work of 13 analysts; Samsung made 13.3 trillion won ($10.9 billion) from chip production to the first quarter of March. With 9.38 trillion won in profits, up 41% compared to 2018, Samsung earned an estimated 7.6 trillion won in the first quarter of 2022. Let's say that this amount is 3.37 trillion won in the first quarter of 2021. Thus, it reached the highest earnings after 2018.
Analysts said that solid orders from data centers and strong demand and cautious investors revive the sector.
According to the same news, it is quite determined to produce chips in India. India, which applied to Samsung to establish a factory, is doing its best to attract semiconductor giants.