Quarterly income of KRW 75.eight trillion, working revenue at KRW 6.5 trillion
Company to give attention to leveraging numerous enterprise portfolio together with technological progress to drive a brand new part of development
Samsung Electronics right now reported monetary outcomes for the fourth quarter and the fiscal 12 months 2024.
The Company posted KRW 75.eight trillion in consolidated income and KRW 6.5 trillion in working revenue within the quarter ended December 31, 2024. For the complete 12 months, it reported KRW 300.9 trillion in annual income and KRW 32.7 trillion in working revenue.
Although fourth quarter income and working revenue decreased on a quarter-on-quarter (QoQ) foundation, annual income reached the second-highest on document, surpassed solely in 2022. Meanwhile, working revenue was down KRW 2.7 trillion QoQ, as a consequence of mushy market situations particularly for IT merchandise, and a rise in expenditures together with R&D.
In the primary quarter of 2025, whereas general earnings enchancment could also be restricted as a consequence of weak point within the semiconductors enterprise, the Company goals to pursue development by way of elevated gross sales of smartphones with differentiated AI experiences, in addition to premium merchandise within the Device eXperience (DX) Division.
For 2025 as an entire, the Company plans to boost technological and product benefits in AI, proceed to fulfill future demand for high-value-added merchandise and drive gross sales development in premium segments.
With market situations anticipated to stay mushy in 1H for the Device Solutions (DS) Division, the Company will give attention to securing expertise management for mid- to long-term development. Samsung Display Corporation (SDC) will look to strengthen its main place in high-end merchandise by enhancing product competitiveness, and the DX Division will give attention to extending its management in delivering AI experiences throughout a various product portfolio.
The Company’s capital expenditures in 2024 reached a complete of KRW 53.6 trillion, together with KRW 46.three trillion spent within the DS Division and KRW 4.eight trillion in SDC. In the fourth quarter, the overall was KRW 17.eight trillion, with KRW 16 trillion allotted to the DS Division and KRW 1 trillion to SDC.
Semiconductors To Optimize Portfolio Centered on Advanced Nodes
The DS Division posted KRW 30.1 trillion in consolidated income and KRW 2.9 trillion in working revenue within the fourth quarter of 2024.
The Memory Business achieved record-high fourth-quarter income, backed by a better blended DRAM common promoting worth (ASP) as a result of elevated gross sales of high-bandwidth reminiscence (HBM) and high-density DDR5 for servers. However, working revenue decreased barely in comparison with the earlier quarter because of elevated R&D bills to safe future expertise management, in addition to the preliminary ramp-up prices to safe manufacturing capability for cutting-edge nodes.
In the primary quarter of 2025, amid ongoing uncertainties in demand, the Memory Business will shift its enterprise portfolio to extra high-value-added merchandise by accelerating the migration to cutting-edge nodes to answer the demand for high-performance and high-density merchandise.
For DRAM, the Memory Business seeks to extend the share of DDR5 and LPPDR5x shipments by accelerating the transition to the 1b nanometer (nm) course of. As for NAND, the Business is executing the expertise migration from V6 to V8 whereas growing gross sales of V7 QLC-based server SSDs.
In 2025, general reminiscence market demand is predicted to recuperate from the second quarter. The Memory Business is decreasing the portion of legacy DRAM and NAND merchandise to align with market demand and accelerating the migration to cutting-edge nodes. The Business will proceed to strengthen its enterprise competitiveness and optimize its portfolio by growing the portion of excessive value-added merchandise comparable to HBM, DDR5, LPDDR5x, GDDR7 and server SSDs based mostly on superior course of nodes.
Earnings on the System LSI Business declined…
