Samsung Electronics Co., Ltd. (SSNLF)
| Market Cap | 269.89B |
| Revenue (ttm) | 288.20T |
| Net Income (ttm) | 18.77T |
| Shares Out | 6.65B |
| EPS (ttm) | 4.81 |
| PE Ratio | 8.44 |
| Forward PE | 0.01 |
| Dividend | $0.27 (0.67%) |
| Ex-Dividend Date | Jun 29, 2023 |
| Volume | 200 |
| Open | 40.60 |
| Previous Close | 40.60 |
| Day's Range | 40.60 - 40.60 |
| 52-Week Range | 40.60 - 40.60 |
| Beta | 0.88 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 30, 2023 |
About SSNLF
Samsung Electronics Co., Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. It provides home appliances comprising of refrigerators, air dresser, washing machines, dryers, cooking appliances, dishwashers, vacuum cleaners, air conditioners, and air purifiers. The company also offers TVs, sound devices, smartphones, tablets, monitors, smart and LED signages, watches, and other accessories, as well as provides memory storage solutions. In addition, it provides medi... [Read more]
Financial Performance
In 2022, SSNLF's revenue was $302.23 trillion, an increase of 8.09% compared to the previous year's $279.60 trillion. Earnings were $54.73 trillion, an increase of 39.46%.
Financial StatementsNews
Samsung Profit Leaps in Earnings. AI Is Changing the Memory-Chip Industry.
Samsung said demand for high-bandwidth memory chips to help power AI is expected to remain strong through the second half of 2024.
Samsung says Q1 operating profits soar nearly tenfold on-year
Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year amid recovering chip prices and growing demand, notably for generative AI.
Samsung's memory business will get a lift when AI PCs hit the shelves, advisory firm says
Olivier Blanchard, research director at The Futurum Group, discusses Samsung's results and says the company "had a pretty rough 2023, so it's good to see them climb out of it, and climb out of it pret...
Samsung Profit Soars Tenfold As Chip Demand Rebounds Amid AI Boom
Samsung Electronics reported a 933% annual increase in first-quarter operating profits, fueled by chip price recovery from a post-pandemic slump and rising demand for artificial intelligence-driven pr...
Samsung Biologics Reports First Quarter 2024 Financial Results
Recorded Q1'24 consolidated revenue of KRW 946.9 billion Recorded Q1'24 consolidated operating profit of KRW 221.3 billion Sustained growth driven by ongoing strategic expansion in capacity and portfo...
These four halal, Shariah-compliant stocks are best buys after Eid al-Fitr
If you want to invest in some new halal stocks, you know that finding companies compliant with Shariah law can be complicated.
Worldwide Smartphone Market Up 7.8% in the First Quarter of 2024 as Samsung Moves Back into the Top Position, According to IDC Tracker
NEEDHAM, Mass.--(BUSINESS WIRE)-- #Apple--Global smartphone shipments increased 7.8% year over year to 289.4 million units in Q1 2024, according to preliminary data from IDC.
Samsung overtakes Apple for top phonemaker spot: report
Samsung has overtaken Apple as the world's top phonemaker during the first quarter of 2024 as the latter's shipments have dropped around 10%, a report says.
Apples loses mantle as world's biggest phone seller to Samsung as China sales drop
South Korean firm regains pole position amid biggest drop in iPhone sales since Covid-19 lockdowns
US to award Samsung $6.4 bln in grants for Texas chip production complex
The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung to expand its chip production in central Texas as part of a broader effort to expand U.S. chipmaking, the Depa...
Samsung CHIPS Act Grant Brings Their Leading Edge Plus R&D To Texas
The Department of Commerce CHIPS Program Office announced a $6.4 billion grant to Samsung Electronics this morning, right behind Intel INTC and TSMC. There are several noteworthy aspects of this deal.
South Korea's Stock Market Needs a Jump-Start
Samsung and other companies in South Korea need to shed the “Korea discount” and catch up to global peers.
Illuvium and Samsung partnership sparks ILV token surge
In a groundbreaking move that could reshape the landscape of Web3 gaming, Illuvium, the pioneer of Interoperable Blockchain Games (IBG), has announced a strategic partnership with Samsung, a global ti...
Samsung Elec shares priced at 84,100 won each in $326 mln block sale, sources say
About 5.25 million shares in Samsung Electronics were priced at 84,100 won per share in a block sale worth about $326 million, according to two sources with knowledge of the matter on Tuesday.
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion, sources say
The Biden administration plans to announce it is awarding between $6 billion and $7 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipma...
Samsung Elec shares being offered in $330 mln block sale, term sheet shows
About 5.25 million shares in Samsung Electronics are being offered in a block deal worth up to $330 million, according to a term sheet seen by Reuters on Monday.
Samsung plans $44B in Texas spending for vital computer chip as profits soar: report
The upgrades are earmarked for the company's base in the city of Taylor, Texas.
Samsung to double semiconductor investment in Texas to $44 billion, says report
Samsung Electronics is poised to significantly increase its semiconductor investment in Texas, with plans to more than double its spending to approximately $44 billion, as reported by the Wall Street ...
Samsung - expects first-quarter profit to soar 931% as memory chip prices rebound
CNBC's Becky Quick reports on the latest news.
AMD, Samsung, Check Point, Microsoft, and Other Tech Stocks in Focus Today
Tech stocks rebounded after a tough day for the sector on Thursday.
Nvidia Stock Gains. What Samsung's Profit Boost Means for the AI Chip Maker.
A robust profit forecast from Samsung Electronics points to strong demand for artificial-intelligence chips.
Samsung Expects 931% Surge In First-Quarter Profit As Memory Chip Prices Rebound
Korean billionaire Jay Y. Lee's Samsung Electronics forecasted on Friday that its operating profit in the first quarter would skyrocket more than 10-fold from a year earlier.
Samsung predicts 10-fold increase in profits as AI boom sees chip prices recover
Samsung Electronics said it expects to post a 10-fold increase in its first quarter profits, compared to a year ago, in what would be a significant turnaround for the Korean firm following a major reb...
Samsung has lost its edge, analyst says
Mehdi Hosseini, senior tech hardware analyst of Susquehanna International Group, says Samsung, which "used to be the market leader in innovating for memory, for smartphones, for display," is now only ...
Samsung Forecasts 10-Fold Profit Increase
Analysts expect Samsung's memory-chip business to swing to profit thanks to higher chip prices on brisk demand amid the artificial-intelligence boom.