Recently, Samsung announced that the mobile sector has almost no growth momentum, which means that the mobile phone business is bleak. However, the profitability of the fourth quarter of 2017 is still the most prominent. It is reported that it mainly comes from memory and screen, and it is also a rebound of the Jedi.
In recent years, Samsung can be said to be a bumpy road. After the accident of Samsung Note7, its heads also appeared, and there was an internal crisis during the period, which led the financial department to replace all the responsible persons. However, this does not seem to affect Samsung's revenue-generating performance. Samsung announced its fourth-quarter 2017 results, and the overall looks are still very impressive.
Samsung's total revenue reached US$61.5 billion (65.98 trillion won) and its operating profit reached US$14.13 billion (15.15 trillion won). This is a 64% increase over the same period last year, and the fourth quarter of 2017 is the most outstanding.
In fact, Samsung has a record-breaking habit before 2017. In the first quarter of 2017, the company realized a profit of 8.8 billion US dollars, a profit of 12.5 billion US dollars in the second quarter, and a profit of 13.8 billion US dollars in the third quarter. Samsung’s annual operating income reached US$224 billion (239.58 trillion won) and its overall operating profit reached US$50 billion (53.65 trillion won).
Due to Samsung's implementation of the "Low-end model lineup optimization" strategy, the overall shipments of the mobile sector declined, but the sales of the Galaxy Note 8 increased from the previous quarter. Samsung expects revenue to increase in the first quarter of 2018 with the upcoming launch of the Galaxy S9.
The mobile sector currently has little growth momentum from Samsung, most of which comes from lucrative memory and display services. In particular, the increasing demand for OLED panels in high-end smartphones has contributed greatly to Samsung's overall revenue, especially after the release of iPhone X. Samsung TV business revenue has also increased due to strong sales of “oversized†and “QLED†models.
In 2018, Samsung's OLED panel business will strengthen its competitiveness in the high-end field with the release of folding panels, and try to use its technology and cost competitiveness to expand new applications in the field of automotive electronics, and with a foldable screen The mobile Galaxy X will also be unveiled in 2018.
In short, Samsung made a lot of money last year. This is a good thing for Samsung. It is also a rebound of the Jedi.
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