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Amie Tsang, As Samsung Lurches Among Crises, a Unit Predicts Record Profits. New York Times,
https://www.nytimes.com/2017/07/ ... rofit-earnings.html
Quote:
(i) "One of the conglomerate's [Samsung Group's] companies, Samsung Electronics, said on Friday [July 7] that it expected to post record earnings in the second quarter [ie, April to June], driven by a booming semiconductor business and positive reviews of its latest mobile phone [Galaxy S8; released in April 2017]. The earnings are expected to hit $12 billion, which would surpass analysts’ estimates for Apple's profit for the same period.
(ii) "Samsung is the largest of South Korea's chaebol 財閥, with interests in gadgets, appliances, shipbuilding and construction. On its own, Samsung Electronics [attention: NOT Samsung Group itself, just a unit of it] accounts for a fifth of the country's exports.
(iii) elaborate on quotation (i): "On Friday, Samsung Electronics said in a preliminary earnings statement that profit had surged to 14 trillion won, or about $12 billion, in the second quarter of this year, a 72 percent increase over the same period a year ago. Sales rose 18 percent to 60 trillion won. The official earnings are expected to be released on July 27.
"The growth in profit was driven largely by the success of the company's semiconductor business. With the latest figures, Samsung has overtaken Intel to become the world’s biggest chip maker by sales, according to CW Chung, an analyst at Nomura Securities who is based in Seoul.
"Samsung has been a dominant force in memory chips and displays for smartphones.
(iv) "The problems with the Galaxy Note 7 wiped out Samsung’s third-quarter profit last year
Note:
(a) About "chaebol" in quotation (ii).
(i) chaebol
https://www.merriam-webster.com/dictionary/chaebol
(plural chaebol also chaebols)
(ii) the mid-August, 2008 Readers' Comments about "Pardon me; The president forgives some tycoons"
http://www.economist.com/node/11921754/comments
Quote:
One comment: "problem is translating from hangul to our English alphabet, for example: 'jaebeol' or McCune-Reischauer: chaebol? The Korean word is: 재벌 ; clearly a 'ji ut' and not a 'chi ut.' * * * According to The New Oxford American Dictionary, Second Edition[,] both chaebol and or chaebols are accepted plural forms.
Another comment: "the venerable Economist uses 'chaebols' "
(A) In hangul (also spelled hangeul), 재 is composed of a consonant "ㅈ" and a vowel "ㅐ", of which there is no dispute. McCune-Reischauer transliterates the former to "ch," whereas RR (see (a)(ii)(D) below), to "j" -- while both transliterate the vowel to "ae."
(the official transliteration system of
(B) McCune-Reischauer (created in 1937 by George M McCune [born in Pyongyang as the son of an American educational missionary] and Edwin O Reischauer [American; a Harvard professor]) en.wikipedia.org
(C) McCune-Reischauer Romanization System for Korean Language. In Korean Romanization Table. University Library of University of Illinois at Urbana-Champaign, undated.
www.library.illinois.edu/asx/kor ... anizationTable.html
The two left-most columns are transliteration of hangul vowels, whereas the rest, consonants. Take notice that the same consonant ㅈ is transliterated (or romanized) to "ch," "j" and "t" -- depending on the position (initial, medial (or middle) or final) of this consonant in a Korean block (or square).
(D) Revised Romanization of Hangeul (RR; Ministry of Education 敎育部 of South Korea released RR in 2000)
(b) Samsung website has no information about 2Q17 yet, either in news release or
Earnings Releases. Samsung, undated.
http://www.samsung.com/global/ir/financial-info/earnings-release/
(1st quarter only, for 2017)
(c) Regarding quotation (iii).
(i) Song Jung-a, Samsung Set to Eclipse Intel as World's Number One Chipmaker. Financial Times, June 27, 2017
https://www.ft.com/content/00dd3 ... 55f264aa8b?mhq5j=e1
* solid-state drive
https://en.wikipedia.org/wiki/Solid-state_drive
("SSDs have no moving mechanical components. This distinguishes them from traditional electromechanical magnetic disks such as hard disk drives (HDDs) or floppy disks, which contain spinning disks and movable read/write heads")
(ii) It is amazing that Samsung semiconductor leapfrogs Intel based on sales in 2Q17 and the entire 2017 (both are forecasts)
Amy Ann Forni and Rob van der Meulen, Gartner Says Worldwide Semiconductor Revenue Grew 1.5 Percent in 2016. Gartners, Jan 18, 2017
www.gartner.com/newsroom/id/3573717
(For the entire 2016, revenues for Intel and samsung Electronics were 54 and 40.1 billion, respectively)
* samsung Electronics sells smartphones and OLED display also. Gartner must have excluded smartphone from semiconductor sales, but it is not clear whether Gartner included or excluded display.
(d) On quotation (iv). In US, Samsung released Galaxy Note 7 (a phablet) on Aug 19. Informally recalled on Sept 2, and formally on Sept 15 (all in the year of 2016) -- because its battery caught fire or exploded.
Hence, the paragraph 1 of quotation (iii) about 72% increase in profit has nothing to do with Note 7.
(e) In May 2017 TSMC briefly surpassed in market capitalization (not sales or profit).
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发表于 7-10-2017 11:04:21
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