South Korean tech giant SamsungAs expected, we can expect 2022 to be less profitable than 2021. closed.
Samsung will spend the last quarter of 2022 at 70.4 trillion Korean won (Approximately $57 billion) revenue and 4.3 trillion Korean won (approximately $3.5 billion) announced that it closed with a net profit. In the previous quarter of 2022, Samsung reported 76.8 trillion Korean won revenue and 10.8 trillion Korean won net profit. In the fourth quarter of 2021, Samsung posted a revenue of 76.6 trillion Korean won and a net profit of 13.87 trillion Korean won. Firm in the last quarter of 2022 compared to the last quarter of 2021 8 percent of revenuein net profit full 69 percent saw a decline. So why? According to the statement behind it smartphone and chip/NAND/DRAM sales remain low. With the effect of the last quarter, the company’s 2022 profitability fell behind 2021. The company broke the record for the whole of 2022. $245 billion revenue left behind. However, the profit reflection of this is approximately 35 billion dollars it happened. The firm will have a total of about 2021. $232 billion revenue and about $42 billion net profit had explained. In terms of net profit, approximately in 2022 compared to 2021 There was a $7 billion drop.
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The company already states that 2023 will not be easy either. Samsung Electronics Vice President and co-CEO Han Jong-heewith his statement at the scope of CES 2023 He stated that 2023 will be a difficult year for everyone.. Stating that everyone should be prepared to face a difficult year, the manager said, “Consecutive crises such as prolonged economic recession, geopolitical tensions, supply chain risks and climate change have greatly increased uncertainty in the market” he spoke. Reiterating Samsung’s commitment to drive growth in the robotics and metaverse fields, the CEO said that Samsung’s ability to overcome these crises will determine the success or failure of its future efforts. stressed.