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Samsung’s semiconductor market to stack up by 19%
Recently Samsung Electromechanics was present at the general meeting held by the Korean PCB and Semiconductor Packaging Industry Association (KPCA) in Incheon, South Korea, on the 24th of March 2022.
‘THEELEC’ reported the whole key highlights, facts, and figures of the general meeting. KPCA predicted that its domestic semiconductor market will grow by 19% this year. In the meeting, Jeong Cheol-dong the current president of KPCB, and the semiconductor packaging association disclosed some more of the expected sales-related figures of Samsung Electro-mechanics, LG Innotek, and Daeduck Electronics. In a meeting, he talked about the market growth of the semiconductor substrate division, which could grow by 7% as compared to the previous year.
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In this meeting, Chung Chul-dong, president of LG Innotek, is elected as the 8th KPCA president. The current president Jeong Cheol-dong from Samsung will be the upcoming chairman, and he said, “We will enhance the association’s external status by strengthening the PCB ecosystem between large, medium, and small-sized enterprises and improving relations with the government.
Key Highlights:
- This year’s growth will be concentrated on semiconductor substrates.
- With the expansion of 5G penetration aims to downsize the 5G Substrate and increase its production looking at the present demand.
- Association will focus on automotive substrates, which is expected to raise the revenue due to the increasing demands of finished car sales.
- KPCA cited continuous unit price cuts and raw material price hikes, to be one of the problems in substrate production.
- The flexible substrate market is to grow by 2% YoY.
- RF-PCB shipments for camera module to remain at the same level, but will continue to progress gradually.
- Found that there is a short supply of semiconductor substrate due to data center expansion and growing needs for substrates needed for increasing Artificial-Intelligence capabilities, and more.
This is the first time that Samsung and LG are being placed as the center powers and will surely lead the association to new heights. For more information, you can read here.
Samsung remained the king in the Q2 2024 market, but Apple and Xiaomi are getting closer. IDC market research data shows that Samsung led the worldwide smartphone market in the second quarter of the year and Chinese brands scored rapid growth.
According to IDC, Samsung sold 53.9 million devices in the second quarter. The company occupied an 18.9% market share internationally. The company has slightly improved its sales share up from 53.5 million units in the same period last year.
The data suggests that Apple ranked second in terms of global volume sales. The iPhone maker shipped 45.2 million devices in Q2, 2024. It captured a market share of 15.8%, a modest increase from 44.5 million shipments in the second quarter of last year.
Third comes Xiaomi. The Chinese brand saw massive growth in sales year over year. It had sold 42.3 million smartphones in the second quarter alone. It’s a big jump from 33.2 million units shipped in Q2 2023, becoming a potential threat to Apple and Samsung.
Apart from this, Vivo also recorded significant growth in the global market. The company’s year-over-year growth in Q2 was 21.9%, with sales listing 25.9 million units with a market share of 9.1%. The growth percentage shows that aggressive marketing and boasting competitive specs into devices is paying off.
Samsung, Apple’s game isn’t over…
Last week, Samsung launched its new foldable phones, releasing on July 24, 2024. Apple, on the other hand, is expected to launch new flagship iPhones in September. It means, Samsung will enjoy the third quarter as well. The fourth quarter might be of Apple as iPhone sales would sharply grow in the global market given the new lineup release.
Samsung is now preparing to unveil new FE products later this year, followed by the S25 series in early next year. Chinese brands are expected to debut their latest flagships in the last quarter of this year, while Google Pixel phones are also coming in August.
Samsung today announced provisional sales and profit results for the second quarter. Samsung formally announced the provisional/predicted sales and operating profit, suggesting a massive profit boom in Q2, 2024 given the AI memory semiconductor rise.
In Q2, 2024, Samsung sales provisionally increased by 2.89% and operating profit by 57.34% compared to the previous quarter thanks to AI boom. Besides, the sales climbed by 23.31% and operating profit by 1,452.24% compared to the same period last year.
The company expects sales of 74 trillion won and operating profit of 10.4 trillion won on a consolidated basis. While these results are not final, there won’t be much change in the final result when it comes out. Samsung had a pretty profitable period in the second quarter.
Samsung in Q2
- Consolidated Sales: Approximately 74 trillion Korean won
- Consolidated Operating Profit: Approximately 10.4 trillion Korean won
The Korean tech giant is currently facing yield issues in its second-generation 3nm process. The flagship Exynos processor is unlikely to be commercialized this year. It would lead the Mobile business to face additional burdens due to rising prices of Snapdragon chipsets.
Meanwhile, Samsung is focussing on HBM (high bandwidth memory) semiconductors. HBM is a key player in artificial intelligence servers and data centers. The booming AI market will directly benefit Samsung’s semiconductor business.
Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.
Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.
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Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.
Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.
// Source