Samsung Electronics’ Q2 2024 Operating profit forecast: KRW 6 trillion

✅Samsung Electronics’ Q2 2024 Operating profit forecast: KRW 6 trillion

Q1 Operating Profit (KRW 1.91 trillion)
Memory business unit 6.5 trillion
Non-memory business units (foundry, system LSI, etc.), operating loss of KRW 400 billion to KRW 500 billion
Operating profit for the first half of the year is KRW 8 trillion

✅ SK Hynix’s first half earnings results will be announced on the 25th

Q2 Operating Profit KRW 5.4685 trillion
It is the first time in six years that the quarterly operating profit exceeded 5 trillion won since the third quarter of 2018 (KRW 6.4724 trillion), when the semiconductor industry was booming.
Operating profit for the first quarter was 2.886 trillion won.
Operating profit for the first half of the year was KRW 8.3545 trillion

✅ SK Hynix partnered with Nvidia in the U.S., the ‘AI Semiconductor Dinosaur’

Starting in the third quarter, mass production of the 5th generation HBM (HBM3E) 12-stage product began
It will be supplied to major customers such as Nvidia from the fourth quarter.

🤷♂️🤷♂️ Samsung Electronics is also interested in Nvidia