Samsung Electronics: 4Q operating income in 2018, 30% decrease – semiconductor demand declined
Seoul
February 15, 2019
Samsung Electronics
January 31, 2018 full year and fourth quarter (October to December) results (consolidated basis) announced.
Results for the 4th quarter
amount of sales
59.27 trillion won (about 5,927 billion yen, 1 won = about 0.1 yen), which is 10.2% lower than the same period last year,
Operating income
It fell by 28.7% to 10.8 trillion won.
The company explained that “operating income decreased due to a decrease in demand for memory and a slump in the smartphone market.”
Sales in 2018
243.7 trillion won, up 1.7% from the previous year,
Operating income
It increased by 9.8% to 58.89 billion won, which was the largest ever (see table).
– JETRO
https://www.jetro.go.jp/biznews/2019/02/0825d24f71bcb4eb.html