According to South Korean media reports, Samsung’s net profit in the fourth quarter of 2022 fell by 69%, and its operating profit for the year decreased by 15.99% year-on-year.
It is expected that the decline in memory chip prices may converge in the second half of the year. On the other hand, Samsung, the largest multinational conglomerate in South Korea, also ushered in the open registration of the Galaxy New Product Forerunner Program through all channels, in which it enjoys priority delivery rights; this is closely related to Samsung's plan to increase R&D investment without reducing investment this year Inseparable. At the same time, the financial report shows that Samsung Electronics' annual revenue in 2022 will be 302.23 trillion won, equivalent to 35.2 billion U.S. dollars, a year-on-year decrease of 16%.
Obviously, as the details of the Samsung Galaxy S23 were revealed again, the audience found that Samsung not only cut off UFS 4.0, but the standard version specifications have shrunk in all directions.
It turned out that Samsung lowered the configuration of the standard version of the Galaxy S23. The current parameters of this configuration are: 25W wired charging, UFS3.1 flash memory. At the end of last year, the price of the Galaxy S23 series rose by 1000+. At that time, once the configuration of the Galaxy S23 series was exposed, users were looking forward to ultra-fast storage and Snapdragon 2-generation chips. Today, Samsung has cut 45W fast charge, cut UFS4.0, and cut the screen. The audience all said that they are too disappointed with the S23 standard version. It is reported that the Samsung Galaxy S23 series forerunner plan will start and is expected to be released in the early morning of February 2. The future development of the series remains to be seen. The Samsung Exynos Orion processor self-developed 3nm process will also be launched in the Galaxy S25.
· Samsung Group includes many international subsidiaries, including Samsung Electronics, Samsung C&T, Samsung Life Insurance, etc., and its business involves electronics, finance, machinery, chemistry and many other fields.
Due to the continued sluggish downstream demand, Samsung will reduce production of storage chips in the future, and even many giants will be under pressure. The plunge in Samsung's profits this time has sounded the alarm for the global chip industry; it is self-evident that the decline in memory chip prices will inevitably bring about an impact. However, Samsung still ignored the performance pressure, saying that "the capital expenditure in 2023 is similar to that in 2022." Despite a sharp drop in profit in the fourth quarter of 2022, which hit a 13-year low, Samsung reiterated that it will not cut chip production and investment plans, and is confident in the growth of smartphones in Q1 in 2023, but it may shrink throughout the year.
Although the demand for chips and smartphones is weak in the general environment, at the 2023 ISE exhibition, Samsung still demonstrated a new era of sustainable development of commercial displays.
· In terms of patents, Samsung recently sued 117 mobile phone parts wholesalers for alleged OLED patent infringement. As early as 2020, Samsung was involved in an OLED patent infringement lawsuit. In response to OLED patent infringement, Samsung has always taken intellectual property protection actions.
