SSD price rises in memory: Samsung's Q4 profit is expected to rise by 77%
DRAM memory and NAND flash chips are in short supply, and Samsung Electronics, the world's top supplier, has been making money and getting better and better, at least for Samsung.
Following the three quarter profit surge, the FnGuide data from Korea financial information agency showed that Samsung Electronics's profit in the fourth quarter of 2017 is expected to hit a new high, driven by the strong performance of the chip business.
It is widely expected that Samsung's fourth quarter operating profit will reach 16 trillion and 300 billion won, or 98 billion yuan, an increase of 77.2% compared to the same period last year, compared with the 14 trillion and 500 billion won won in the third quarter.
South Korea's investment bank even estimated the highest number of even 16 trillion and 900 billion won (about 102 billion yuan).
Among them, the profit of only the chip sector is expected to break through 10 trillion won (about RMB 60 billion yuan) for the first time, accounting for more than 60%!
At the same time, the fourth quarter revenue of Samsung Electronics is expected to be 66 trillion and 100 billion won (about RMB 398 billion yuan), a year-on-year increase of nearly 28%.