Even after a smartphone debacle, Samsung has established itself for a robust Q2

Even after a smartphone debacle, Samsung has established itself for a robust Q2 ...

Samsung is expected to publish its ideal next quarter results for four many years, despite its inability to protect itself from the smartphone industry's current difficulties.

Analysts estimate quarterly revenues to have increased from 12.57 trillion won to 14.46 trillion won for the three-thirty-day period, with the need for its components and memory chips primarily compensating for any decrease in handset revenues.

Chip revenues are expected to have risen by 49 percent to 10.3 trillion won, driven by demand for purchaser electronics and information center server equipment, primarily among big cloud providers.

Smartphone gross sales

With shipments of 61 and 68 million units, Korea's cell company is believed to have lost 17% to 2.7 trillion in value during the time concerned.

Geopolitical instability, china lockdowns, and inflation are putting an impact on client demand, putting a damper on the expectation that the industry will rebound soon after the effects of worldwide lockdowns, financial uncertainty, and a sector-wide component scarcity (opens in new tab)that had all found sales decline in 2020 and 2021.

Just one assessment concluded that in general shipments fell by 11% for the duration of the to start with three months of 2022, with the aforementioned difficulties compounded by regular poor seasonal demand.

Samsung remains the world's leading smartphone manufacturer, ahead of Apple and a few Chinese businesses. Its extensive product portfolio indicates it has a significant desire in many segments of the current market, like the premium section, and it is optimistic about a comeback as 5G becomes more widespread.

Through Reuters (opens in new tab)

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