On July 31, Samsung Electronics released its financial report for the second quarter of 2019. According to the financial report, Samsung Electronics’ second-quarter revenue was 56.1 trillion won (approximately US$47.5 billion), down 4% year-on-year; operating profit was 6.6 trillion won (approximately US$5.59 billion), down 55.6% year-on-year; net profit It was 5.18 trillion won (approximately US$4.4 billion), down 53.1% from 11 trillion won in the same period last year.

Samsung Semiconductor
Samsung Semiconductor

   Samsung Electronics said that although demand for memory chips rebounded slightly in the second quarter, prices were slightly lower than the company's expectations. At the same time, Samsung Electronics expects that as data centers adjust inventory levels and resume purchases during peak seasons, demand for memory chips used in servers and computers will increase in the third quarter.

On July 29, a relevant person from Samsung Electronics said: “I have not heard about the artificial production reduction plan”. Regarding DIGITIMES’s recent report that “Samsung Electronics will increase the price of NAND flash memory semiconductors by 10%”, Samsung Electronics responded that “ Not a fact."

July 29
July 29

Li Shengyu, a researcher at Eugene Investment Securities, said: “DRAM spot prices have increased by more than 20% in the past two weeks, but transaction volumes have not increased at the same time.” “It is expected that after the Windows 7 security service ceases in January next year, corporate computer upgrades and data center companies There will be a recovery trend in the demand for memory chips, and the demand for memory chips will survive the most difficult stage."