Samsung forecasts record $15.5B distinction interjection to chips not smartphones

Samsung’s final entertain of business saw its slowest expansion of boost in a year interjection to diseased sales of a flagship Galaxy S9 smartphone. But a association is about most some-more than only phones, and that’s because it is forecasting a record handling distinction of scarcely $15.5 billion for a arriving Q3 results.

The Korean organisation pronounced in a filing that it expects income to burst 5 percent year-on-year, to hit 65 trillion KRW ($57.5 billion) with an handling distinction of 17.5 trillion KRW ($15.5 billion), that represents a 20 percent annual burst and an 18 percent boost on a prior quarter.

Samsung’s pre-earnings filings are brief and don’t enclose minute information about a opening of a business units, so we can’t consider direct for a high-end phones — which embody a Note 9 — in a entertain that Apple denounced a newest iPhones. But a clues advise that it is indeed a some-more tedious (but reliable) groups that are, once again, obliged for Samsung’s clever forecast.

Chips comment for some 80 percent of Samsung’s revenue, and direct for DRAM, that is critical in areas such as cloud, pushed prices adult during Q3 though analysts think that a expansion won’t last.

“Its gain seemed to have peaked,” Mirae Asset Daewoo Securities researcher William Park told Reuters. “DRAM prices are going to fall, nonetheless not dramatically, and that will negatively impact a margins.”

We’ll know some-more when Samsung releases a full gain this month.