Samsung profits and revenue slump, hoping for a jump start from cars
The Foundry Business bucked the downward trend and posted a new record for quarterly revenue. The chaebol did not disclose a precise figure, but did attribute it to the expansion of advanced node capacity and a diversification of customers and applications.[PDF] it will increase foundry orders in 2023 for the 3nm 2nd generation GAA process and focus on the development of the next-gen 2nm process while diversifying into automotive chips.
The 3nm first-generation process is currently being mass-produced with a stable yield, Samsung stated, adding that the 3nm second-generation process is"progressing rapidly." The chaebol also said it had started developing 4nm for automotive, and its automotive system-on-chip business had"solidified its mid- to long-term growth base" by supplying scheduled samples to a European premium OEM, and securing an MOU for autonomous driving products in the US.Going premium appeared to be Samsung’s solution to many of its woes.
The tech kraken also said it would cater to the premium segment when it came to smartphones with the launch of Galaxy S23, digital appliances through itsThe struggling giant continues to invest in the business segment. Out of ₩53.1 trillion capital expenditure in 2022, ₩47.9 trillion went to semiconductors.Capital expenditure on memory in 2022 was concentrated on P3 and P4 infrastructure to prepare for mid- to long-term bit supply and extreme ultraviolet technology.
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