Samsung Q4 profit up 50%

Author: EIS Release Date: Jan 17, 2022

Samsung had Q4 profits  up 50% at $11.5 billion. Revenue was up 23% to $63.2 billion.

 

Server memory and foundry underpinned the results

 

It is thought that memory oversupply in H1 will hit ASPs but, if the lockdown persists in Xi’an, where both Samsung and Micron have memory fabs, the shortfall in production may keep memory prices from falling in H1.