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Samsung Estimates Record Q4 Operating Profit at 20 Trillion Won on Chip Upswing

Analysts credit sharp DRAM and NAND price gains in the Device Solutions unit, with a detailed breakdown to follow later this month.

Overview

  • The preliminary filing reported sales of 93 trillion won, up 22.7 percent from a year earlier.
  • Operating profit rose more than 200 percent year over year to a new quarterly high.
  • The result exceeded the average market estimate by 1.8 percent, according to Yonhap Infomax.
  • Market observers estimate the Device Solutions semiconductor unit earned roughly 16–17 trillion won in operating profit for the quarter.
  • Korea Investment & Securities said DRAM and NAND prices jumped about 40 percent quarter over quarter in Q4.