Samsung signage in the course of the Nvidia GPU Expertise Convention (GTC) in San Jose, California, US, on Thursday, March 20, 2025.
David Paul Morris | Bloomberg | Getty Photos
Samsung Electronics on Thursday reported a second-quarter working revenue of 4.7 trillion Korean gained that missed expectations and greater than halved from the identical interval final 12 months.
The South Korean expertise large posted a quarterly income of 74.6 trillion gained, up barely from 74.07 trillion gained a 12 months earlier.
Listed below are Samsung’s second-quarter outcomes in contrast with LSEG SmartEstimate, which is weighted towards forecasts from analysts who’re extra persistently correct:
- Income: 74.6 trillion gained ($53.5 billion) vs. 74.43 trillion gained
- Working revenue: 4.7 trillion gained vs. 5.33 trillion gained
Whereas Samsung’s second-quarter working revenue beat its personal forecast of round 4.6 trillion gained, it was a steep drop from the ten.44 trillion gained recorded in the identical interval final 12 months.
Samsung’s second-quarter working income additionally beat its forecast of 74 trillion gained.
The corporate is a number one supplier of reminiscence chips, semiconductor foundry companies and smartphones.
Chip enterprise
Samsung Electronics’ chip enterprise posted an working revenue of 400 billion gained within the second quarter, plunging from 6.45 trillion gained in the identical interval final 12 months.
Chip income fell to 27.9 trillion gained, from 28.56 trillion gained final 12 months.
Samsung’s chip enterprise, also called its System Options division, encompasses its reminiscence chip, semiconductor design and foundry enterprise models.
“The System Options (DS) Division reported a rise in income on the again of expanded gross sales of excessive density, high-performance reminiscence merchandise, however stock worth changes in reminiscence and one-off prices associated to the impacts of export restrictions associated to China in non-memory had an antagonistic impact on revenue,” the corporate stated.
Samsung’s foundry enterprise is about to obtain a lift within the following quarters from a $16.5 billion contract to produce chips to a serious firm disclosed on Monday.
Whereas Samsung has but to call the counterparty, Tesla CEO Elon Musk has stated that it’s his American electrical automobile maker, and that the deal may develop bigger than what’s been introduced.
In the meantime, within the second half of the 12 months, Samsung stated it plans to proactively meet the rising demand for high-value-added and AI-driven merchandise and proceed to strengthen competitiveness in superior semiconductors.
Shopper gadgets
Samsung’s cell expertise and networks companies, tasked with growing and promoting smartphones, tablets, wearables and different gadgets, reported an uptick in gross sales and revenue.
The unit posted an working revenue of three.1 trillion gained for the second quarter, in comparison with 2.23 trillion gained throughout the identical interval final 12 months.
Consolidated income for the unit reached 29.2 trillion gained, up from 27.38 trillion gained final 12 months.
Samsung stated that each income and working revenue grew 12 months over 12 months via sturdy gross sales of its Galaxy S25 collection and Galaxy A collection smartphones, in addition to its Galaxy tablets.
“In H2 2025, the [mobile experience business] plans to proceed a flagship-first method for smartphone gross sales specializing in foldables and the Galaxy S25 collection — whereas emphasizing the AI performance of the Galaxy A collection — to extend market share,” Samsung added.