UPDATED. 2021-09-23 15:35 (목)
Samsung smartphone suppliers see profits dip in Q2
Samsung smartphone suppliers see profits dip in Q2
  • Gijong Lee
  • 승인 2021.08.23 16:17
  • 댓글 0
이 기사를 공유합니다

20 suppliers' operating income down 70% from 2 years ago
Due to lackluster Galaxy S series sales
Image: Samsung
Image: Samsung

Suppliers to Samsung’s smartphone business saw their operating income slightly improve in the second quarter of 2021 from a year ago. They companies had recorded poor earnings a year ago due to the pandemic.

However, compared to two years ago, their combined operating income dipped by over 70%, while sales were down over 10% over the same time period.

This was from a slowdown in sales of the Galaxy S series and Samsung’s production problems.

TheElec collected the earnings data of 20 major suppliers to Samsung’s smartphone business, including camera module makers Partron and Mcnex.

Combined, they recorded 2.2 trillion won in sales and 45.5 billion won in operating income. The operating margin rate for the combined figure was only 2.1%.

Two years ago, they combined posted 2.53 trillion won in sales and 162.4 billion won in operating income __ their operating margin rate for the combined figure standing at 6.4%.

The combined sales and operating income during the second quarter of 2021 of the 20 suppliers were down 13.1% and 72%, respectively, from two years ago.

Last year in the second quarter, the pandemic froze consumer purchases of products, Samsung miscalculated demand for the Galaxy S20 series and its suppliers in China faced production problems from the pandemic.

In this year’s second quarter, Samsung faced less problems but there was the shutdown of its chip factory in Austin and production issues at its smartphone factory at Vietnam due to quarantine measures there.

In 2019, the Galaxy S10 series is thought to have hit 36 million in shipment. It was a return to form for the tech giant as the Galaxy S9 series of the previous year was though to have hit 32 million in shipment.

This year, the Galaxy S21 series was launched earlier than before and earnings for suppliers were reflected earlier on their fourth quarter of 2020 and first quarter results.

In the second quarter, due to the global ship shortage, Samsung adjusted its production volume for the Galaxy S21 series and ordered less components than expected.

For camera modules, Partron in the second quarter became the biggest supplier of camera modules to Samsung again. In the previous year it was Mcnex, which recorded an operating loss of 700 million won in the latest quarter. Namuga posted 103 billion won in sales and 3.8 billion won in operating income, beating Cammsys.

The five camera module makers combined recorded sales of 880.8 billion won, down 2.5% from the previous year and down 32.1% from two years ago. 

Samsung has been assembling the camera module more on its own to cut camera module unit prices of its suppliers.

For board makers, Korea Circuit saw operating income increase 20.8% year-on-year while DAP returned to profitability from a year ago. The pair has benefited slightly from Samsung Electro-Mechanics and Isu Exboard’s exit of their smartphone board businesses.

For the second half of the year, suppliers that rely on Samsung aren’t expected to see substantial growth as the tech giant is aiming to ship up to only 7 million units of the Galaxy Z Fold 3 and Galaxy Z Flip 3 foldable phones.

Suppliers that rely on Apple and Chinese smartphone makers are expected to fare better in the second half. Cupertino is expected launch a new iPhone later this year.
 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2021 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트