According to Yonhap News Agency, the forecast value of South Korean financial information company statistics shows that Samsung Electronics is expected to generate 8.8 trillion won (about 44.88 billion yuan) in revenue in the fourth quarter, a year-on-year decrease of 36.8%. The chain decreased by 19.2%.
Among them, the profit of the semiconductor business sector has dropped the most. The securities industry generally predicts that the profit will be 2 trillion won (about 10.2 billion yuan) to 4 trillion won (about 20.4 billion yuan), or more than half of the year-on-year decrease.
Financial data show that in the third quarter, Samsung Electronics’ operating profit fell from 15.8 trillion won (about 80.106 billion yuan) in the same period last year to 10.85 trillion won (about 55.01 billion yuan), the first year-on-year decline in nearly three years.
In the third quarter, Samsung Electronics net profit was 9.14 trillion won (about 46.34 billion yuan), a year-on-year decrease of 24%; third-quarter sales were 76.78 trillion won (about 389.275 billion yuan), a year-on-year increase of 3.8%.
