Data Centre

Storage

DRAM, Samsung, these profits are on fire, NAND ain't that the truth

86 per cent leap attributed to memory chip biz

By Kat Hall

5 SHARE

Korean tech titan Samsung has posted bumper annual results on the back of high memory chip demand, with yearly operating profit up 83 per cent to 53.7 trillion won (£35.4bn).

Semiconductors were the main driver of growth, accounting for two-thirds of its operating profit of 35.2 trillion won, according to figures emitted on Tuesday. The biz said it expected DRAM and NAND flash chip shipments to increase by about 20 percent and 40 percent in 2018.

Overall sales increased 19 per cent to 239.6 trillion won (£158bn).

Yesterday the firm launched its ambitious supercharged NAND Z-SSD in competition with Intel's P4800X Optane drive.

The biz said it plans to pursue high-density memory products for cloud servers and chipsets required for automotive electronics and AI as demand in those areas is expected to increase.

Operating profit at the mobile division was down marginally in the fourth quarter year-on-year from 2.5 trillion won to 2.4 trillion (£1.6bn).

Sammy said: "Total smartphone shipments decreased due to the lineup optimization of low-end models, while shipments of flagship products, such as the Galaxy Note 8, increased from the previous quarter. In the network business, customers' LTE investments concentrated in the first half, resulting in the weak earnings in the second half."

The firm said it hopes to boost business this year by increasing premium products sales. No doubt it hopes the forthcoming Galaxy S9 launch will help.

"The Networks Business plans to expand the supply of network solutions for 5G commercialization to major markets including Korea, the US, and Japan," it said.

The firm has struggled to regain its reputation after a number of its Galaxy Note 7 phones caught fire in 2016.

This week Samsung boss Lee Jae-yong is expected to hear an appeal verdict after being sentenced to five years in prison for bribing South Korea's former president Park Geun-hye. ®

Sign up to our NewsletterGet IT in your inbox daily

5 Comments

More from The Register

Grandmaster flash Samsung dominated SSD market in 3Q2018

Plus: PC, notebook hard drive ships set to be eclipsed by flash

Samsung's sleek 'n' sporty X5 SSD pledges blazing transfer speeds

Portable drive harnesses NVMe and Thunderbolt 3

Samsung claims key-value Z-SSD will be fastest flash ever

Plus: 7nm LLP, QLC, stacked RDIMMS and brainy drives

By gum: Supermicro's Samsung storage ruler server uses secret SSD

Analysis 10 million IOPS, half a petabyte, one U – hella fast

Samsung preps for Z-SSD smackdown on Intel Optane drives

February reveal for wannabe XPoint killer

Sorry, Samsung. Seems nobody is immune to peak smartphone

Chaebol warns operating profit to fall 29%

Hot NAND: Samsung wheels out 30TB SSD monster

It's another whopper: Fabulous capacity or blast radius nightmare

Fee, Fi, bring your own one... Google opens up Project Fi to mobes built by Apple, LG, Samsung

Beware, some features are missing depending on which smartie you use

By gum(stick): Samsung speeds up 970 EVO Plus drive

Cut-price unit takes WD's heatsink-toting SSD to the cleaners too

One UI to end gropes: Samsung facelift crowns your thumb the king

Everything within reach on oversized phones