THE Samsung recently revealed how much it expected to have earned in the last quarter of 2021, now the company is officially releasing its earnings report. In the last three months of last year the South Korean giant presented a record of revenue, mainly driven by its semiconductor division.
THE The company’s operating profit was KRW 13.87 trillion, around R$ 62,953 billion, in the quarter that ended on December 31, this number is lower than the previous three months, but this is due to the year-end bonuses distributed by the company to its employees. The fact that stands out is the annual revenue of KRW 279.6 trillion, about BRL 1,252 trillion, which is the largest company in its history, with an operating profit of KRW 51.63 trillion, R$ 231 billion, in the entire year 2021.
These company numbers show a 24% increase from the fourth quarter of 2020 from the company. The main driver for this increase in revenues was Samsung’s semiconductor division, which saw a big increase in the three months, possibly driven by the deal with Samsung. Qualcomm for using your process on chipsets Snapdragon 8 Gen 1.
Credits: Samsung Disclosure
Other factors that contributed to this quarter and record year for the South Korean giant were the premium smartphone divisions, such as foldable smartphones, and enterprise ecosystem devices. the business of foundry also showed a considerable increase in the year, reaching its highest revenue in history, the home appliances of the company also showed an increase during the period.
But not all areas of the company had the same success, some divisions had lower-than-expected revenues. The company’s memory business is usually one of its biggest money generators, but showed a decline compared to the previous three months.
The sale of small OLED panels showed an increase in the last quarter of the year, but the company’s losses on large screens continued in the time period. However, the company believes that its mobile OLED business could see large increases in the future, mainly driven by the demand for foldable OLED displays.
Are you thinking about buying a product online? Discover the Save the Connected World extension for Google Chrome. It is free and offers you price comparisons in major stores and coupons so you can always buy at the best price. Download now.