(Seoul) Samsung Electronics expects an increase of 52.5 % of its operational profit during the fourth quarter of 2021, galvanized by record sales, the South Korean giant announced on Friday in a press release.

Agence France-Presse

The largest manufacturer of smartphones in the world provides for operational profit for this fourth quarter of around 13,800 billion won ($ 11.5 billion), compared to 9050 billion wons in the same quarter from last year.

However, this result is below the expectations of analysts who tabed on a figure of 15,200 billion wons, according to the Bloomberg News financial agency.

The turnover of the mobile phones giant has reached the record level of 76,000 billion wons during the same period, an increase of 23.5 % over a year.And sales for 2021 should also reach a historic level, according to a spokesman interviewed by the AFP.

The title Samsung Electronics increased 1.4 % during the first exchanges on Friday on the Seoul Stock Exchange.

Quatrième trimestre Samsung prévoit un bond de 52,5 % de son bénéfice opérationnel

The COVVI-19 epidemic and its multiple confinements or teleworking obligations have boosted the activity of many technological firms like Samsung.The group should also take advantage of end -of -year sales, according to analysts.

« Une hausse continue du prix des puces-mémoire, sur trois trimestres consécutifs jusqu’à octobre 2021, a favorisé les bons résultats de Samsung », a jugé Park Sung-soon, un analyste de Cape Investment & Securities."The largest source of income for Samsung comes from electronic flea-memory activity," he added.

Complete results

Samsung Electronics has not provided details on the performance of its various divisions, but the firm should do it on January 27 by publishing its full results.

Samsung Electronics, which is also the world's largest manufacturer in flea-to-face, has greatly increased its investments in this sector while the world faces shortages of these electronic, vital chips for a very large number of equipment, carsto household appliances, including phones or game consoles.

In November, the group had announced the opening of an electronic flea plant in Texas, an investment worth 17 billion dollars.This factory should be operational by the end of 2024.

He had thus joined his Taiwanese competitors TSMC and American Intel to develop the production capacity of electronic fleas in the United States in the face of the rise of China in this area.

Samsung also invests in the development of advanced technologies such as artificial intelligence, robotics or 5G/6G in the field of telecommunications.

Samsung Electronics is the most important subsidiary of the Samsung group, one of these family empires known as Chaebol, which dominate the business world in South Korea.

The group's overall turnover is equivalent to a fifth of the gross domestic product (GDP) of this Asian country.

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