Samsung Electronics объявляет о назначении нового руководства (подробности)

Корпорация Samsung Electronics объявляет о назначении новых генеральных директоров, которые будут развивать её бизнес на следующем этапе роста. Ими стали Ки-нам Ким (Kinam Kim), Хён-сок Ким (Hyunsuk Kim) и Донг Джинг-ко (DJ Koh), которые возглавят подразделения Device Solutions, потребительской электроники и мобильных устройств соответственно. Новые главы Samsung сменят вице-президента Samsung О-Хён Квона (Oh-Hyun Kwon), а также президентов Бу-Кен Юна (Boo-Keun Yoon) и Чон-Кен Шина (Jong-Kyun Shin).

Samsung Electronics сохранит текущую структуру управления с тремя генеральными директорами. Все новые назначения уже вступили в силу.
«Новое поколение лидеров великолепно подходит для ускорения темпов инноваций и удовлетворения потребностей мира, постоянно подключённого к Сети. Они уже продемонстрировали свою экспертизу в этих сферах», – отметил О-Хён Квон.

* Ки-нам Ким (Kinam Kim) присоединился к Samsung в 1981 году. Он является сотрудником ведущей некоммерческой организации Институт инженеров электротехники и электроники (Institute of Electrical and Electronics Engineers, IEEE) и известным специалистом в области полупроводников. Ранее г-н Ким возглавлял Samsung Advanced Institute of Technology; был гендиректором подразделения Samsung Display; главой подразделения Memory, System LSI. До последнего времени г-н Ким отвечал за весь полупроводниковый бизнес Samsung.

* Хён-сок Ким (Hyunsuk Kim) – ведущий эксперт в области дисплеев. Он внёс важный вклад в то что, что корпорация Samsung в течение 11 лет подряд является лидером по продажам телевизоров во всём мире, а также совершила множество инноваций в области технологий отображения и других сервисов.

* Во многом благодаря Донг-джинг Ко (DJ Koh) мобильный бизнес Samsung демонстрирует великолепные результаты. Топ-менеджер отвечал за разработку флагманских cмартфонов серии Galaxy, а также других товаров и услуг. В этом Ко помог его обширный опыт, приобретённый во время руководства подразделением мобильных исследований и разработок Samsung.

В совместном заявлении г-н Юн и г-н Шин отмечают, что приняли решение последовать по стопам г-на Квона, объявшего о своём уходе в отставку ранее этой осенью и передать бразды правления новым лидерам. «Для нас большая честь быть частью исторического восхождения Samsung на вершину IT-сферы. Мы уверены, что под управлением нового руководства корпорация продолжит активный рост».
Помимо этого, президент Samsung Сэнг-хун Ли (Sang-Hoon Lee) сменит должность финансового директора Samsung на пост Председателя совета директоров. Он начнёт работу на новой должности в марте 2018 года. Таким образом, впервые в истории Samsung роли Главы совета директоров и генерального директора будут разделены между разными людьми.
«Уверен, что благодаря опыту, полученному на посту финансового директора Samsung, Сэнг-хун сможет эффективно руководить Советом директоров и его новыми членами, – заявил Бюн-ки Ли (Byung-Ki Lee), независимый директор и глава Совета по корпоративному управлению Samsung. – Помимо управления финансами корпорации, Сэнг-хун также отвечал за глобальные операции Samsung. Его знания будут очень полезны для Совета директоров».
На следующем общем ежегодном собрании, которое состоится в марте 2018 года, будут представлены три новых главы подразделений, а также г-н Ли, который присоединится к Совету директоров. До этого времени г-да Квон, Юн и Шин остаются в Совете директоров Samsung.

Samsung Electronics Announces New Leadership

Kinam Kim to head the Device Solutions (DS) Division, Hyunsuk Kim the Consumer Electronics (CE) Division, and Dongjin Koh the IT & Mobile Communications (IM) Division
Samsung Electronics today announced its new leadership for the next phase of its growth. Presidents Kinam Kim, Hyunsuk (HS) Kim, and Dongjin (DJ) Koh will succeed Vice Chairman Oh-Hyun Kwon, Presidents Boo-Keun Yoon and Jong-Kyun Shin, respectively, as heads of the DS, CE, and IM Divisions. The Company will maintain the current three co-CEO management structure. All new appointments will be effective immediately.
Mr. Kwon stated, “The next generation of leaders are well suited to accelerate the pace of innovation and address the demands of the connected world. They have proven track records with extensive experience and outstanding expertise in their fields.”

* Kinam Kim joined the Company in 1981 and is an IEEE fellow and renowned authority in semiconductors, having served as the head of Samsung Advanced Institute of Technology; CEO of Samsung Display; head of the Memory, System LSI Businesses and until now was responsible for the overall semiconductor business.

* HS Kim is a leading expert in display products, having played a major role in the Company achieving the top position in global TV sales for the 11th consecutive year with numerous display technology breakthroughs.

* DJ Koh has recently delivered solid results in the mobile business, having overseen the development of its flagship Galaxy smartphones with differentiated products and services, based on his vast experience as the previous head of mobile R&D.

In a joint statement, Mr. Yoon and Mr. Shin said that they have made the decision to follow Mr. Kwon’s earlier announcement to resign, making way for new leaders. “It is an honor and a privilege to have been part of the historic rise of Samsung Electronics. We are confident that our successors will keep the Company on its growth path.”
Separately, President Sang-Hoon (SH) Lee will leave his position as CFO, effective immediately. Mr. Lee has been recommended by outside Board members to be Chairman of the Board and succeed Mr. Kwon next March. This would mark the first time that the Company will separate the Chairman of the Board and the CEO roles.
“In this time of transition, I look forward to SH’s insight as CFO to help guide the Board and its new executive members,” said Byung-Ki Lee, an independent director and Chairman of the Governance Committee of the Board. “In addition to overseeing the Company’s finances, SH was also in charge of running its global operations and these experiences will be a tremendous asset to the Board.”
At the next AGM in March 2018, the three new Division heads as well as Mr. Lee will join the Board of Directors. Messrs. Kwon, Yoon and Shin will remain as members of the Board until then.

Чистая прибыль Samsung в 3-м квартале увеличилась более чем в 2 раза

Во вторник, 31 октября, корпорация Samsung Electronics опубликовала итоговый финансовый отчёт за 2-й квартал. Чистая прибыль южнокорейского гиганта выросла более чем вдвое, а операционная прибыль снова оказалась рекордной.
В июле-сентябре 2017 года электронное подразделение Samsung Group выручило 62 триллионов вон (55,1 миллиарда долларов), что на 30% больше, чем годом ранее. Чистая прибыль достигла 11,1 триллионов вон ($9,87 миллиардов) против 4,53 триллиона вон прибыли годом ранее.
Операционная прибыль в годовом исчислении подскочила почти втрое и составила 14,53 триллионов вон (12,9 миллиарда долларов), что стало самым высоким результатом в истории корпорации. Во 2-м квартале 2017 года операционная прибыль Samsung также была рекордной на тот момент.
Финансовый подъём Samsung произошёл во многом благодаря полупроводниковому бизнесу, операционная прибыль которого оказалась наибольшей за всё время - 9,96 триллионов вон (8,8 миллиарда долларов). Этому способствовал высокий спрос на чипы (особенно на микросхемы оперативной памяти), который привёл к росту цен на продукцию.
В корпорации ожидают сохранение высокого спроса на полупроводниковые решения в 4-м квартале, поскольку владельцы дата-центров активно обновляют и расширяют свои объекты, а производители мобильных устройств снабжают свои гаджетами двойными камерами, 3D-сенсорами, технологиями искусственного интеллекта и т. п.
В 3-й четверти 2017 года операционная прибыль подразделения Samsung IT and Mobile Communications, отвечающего за разработку и производство смартфонов и планшетных компьютеров, достигла 3,29 триллиона вон (2,9 миллиарда долларов), увеличившись на 100 миллиардов вон относительно аналогичного периода прошлого года, когда телефонный бизнес пострадал из-за прекращения производства флагманского аппарата Galaxy Note 7.
С июля по сентябрь 2017 года Samsung продал 97 миллионов смартфонов против 93 ммллионов тремя месяцами ранее. На долю смартфонов пришлось около 80% от общего числа отгруженных мобильных трубок.
Samsung ожидает, что в 4-м квартале спрос на смартфоны и планшеты будет расти в связи с сезонными факторами, при этом запуск новых продуктов другими производителями усилит конкуренцию в премиум-сегменте.
В рамках финансового отчета Samsung также сообщил, что его капитальные расходы в 2017-м году вырастут до рекордных 46,2 триллионов вон (41,1 миллиарда долларов). В 2016-м они измерялись 25,5 триллионов вон.
Сегодня же корпорация Samsung Electronics объявила об изменениях в руководстве. Президенты Ки Нам Ким (Kinam Kim), Хён-сок Ким (Hyunsuk Kim) и Донг-джинг Ко (DJ Koh) сменили прежних руководителей подразделений Device Solutions, Consumer Electronics и IT & Mobile Communications соответственно.

Samsung Electronics Announces Third Quarter 2017 Results

Registers net profit of KRW 11.19 trillion on sales of KRW 62.05 trillion 3Q consolidated operating profit reaches KRW 14.53 trillion

Samsung Electronics today announced financial results for the third quarter ended September 30, 2017. Samsung’s revenue for the quarter was KRW 62.05 trillion, an increase of KRW 14.23 trillion YoY, while operating profit for the quarter posted a record KRW 14.53 trillion, an increase of KRW 9.33 trillion YoY.
In the third quarter, strong demand for high-performance memory chipsets for servers and flagship mobile devices was a contributing factor to the company’s overall robust performance. The Semiconductor Business registered significant earnings growth both YoY and QoQ, and the System LSI added to the earnings rally through increased sales of DDIs and image sensors. The display panel segment posted an earnings decline despite the expanded sales of flexible OLED panels for premium smartphones. The Mobile Business saw strong shipments thanks to the launch of Galaxy Note 8 and solid sales of the new Galaxy J series, but its earnings declined QoQ due to the higher sales proportion of mass-market smartphones.
The Memory Business achieved strong earnings results for the quarter on the back of high seasonal demand for all memory applications, the trend toward higher density chips and a continuation of favorable supply and demand conditions and prices. For NAND, the launch of flagship smartphones and the expansion of cloud infrastructure drove strong demand. For DRAM, demand for applications used in servers, mobile devices, PCs and game consoles also remained solid.
For the OLED business, an increase in shipments of flexible displays for customers’ new flagship smartphone launches drove an increase in sales. However, QoQ earnings declined due to an increase in start-up costs of the new OLED production line and increased competition within rigid OLED products. For the LCD business, third quarter earnings declined, as an imbalance in supply and demand led to a decrease in the ASP of LCD panels. Further, capacity expansion in the LCD industry continues to impact prices.
The Mobile Business saw smartphone shipments increase on the back of the global roll-out of the newly launched flagship, Galaxy Note 8, and solid performance of the new Galaxy J series. However, overall revenue and earnings decreased QoQ due to the higher sales of mid- to- low tier models.
Samsung’s TV business saw significant improvements in QoQ earnings driven by increased sales of premium products including QLED TVs. However, due to the higher cost of LCD TV panels and weakening demand of the TV market, YoY earnings were modestly lower.
Looking ahead to the fourth quarter, the company anticipates tight supply and demand conditions to continue for the Memory Business due to strong demand for servers and mobile devices. For the Display Panel segment, increased shipments of flexible OLED products and the release of new rigid OLED panels will improve earnings. However, the LCD segment will be met by weak seasonality, coupled with expanded panel supply. For the Mobile Business, the company will try to maintain solid earnings by increasing flagship sales through the global roll out of the Galaxy Note 8. Meanwhile, the Digital Appliances Business expects to continue revenue growth by ramping up sales of new products including washing machines with QuickDriveTM technology and POWERstick PRO vacuum cleaners. The TV business will focus on increasing sales of premium products including QLED and ultra-large screen TVs.
Moving on to business prospects for 2018, the company expects earnings to grow primarily from the component businesses, as conditions in the memory market are likely to remain favorable and the company expects increased sales of flexible OLED panels. For the Memory Business, demand for high-density, high-performance NAND will increase, as the need for larger data capacity in servers and mobile devices grows.
The company expects positive growth in the DRAM market, due to the development of technologies in big data, artificial intelligence and machine learning, in which faster processing and analysis of data are critical. The technological advancement of mobile devices with dual camera, 3D sensors and on-device AI will spur DRAM growth. As for next year’s outlook for the System LSI and Foundry Businesses, Samsung will continue to drive favorable earnings growth by increasing the supply of 10-nano products and image sensors, and will also focus on strengthening the competitiveness in the sub 7-nano process through investment in the EUV-related infrastructure.
In the display segment, Samsung will continue seeking growth by addressing market demand for flexible OLED display panels with differentiated technology, as OLED is set to become a mainstream feature in smartphones. Although global competition in the LCD panel business is expected to intensify in 2018, Samsung will strive to ensure its profitability by solidifying partnerships with key customers and enhancing the lineup of ultra-large size, high resolution, quantum dot and frameless panels.
As for the Mobile Business, Samsung will strengthen its leadership in the high-end market with flagship smartphones and improve profitability through optimizing product lineups. Moreover, the company will strive to secure business growth opportunities through new technologies such as 5G and by strengthening the services and software competencies.
For the consumer electronics business, Samsung will continue to focus on expanding premium product sales and enhancing its B2B businesses.

Semiconductors Deliver Strong Performance

The Semiconductor businesses posted KRW 9.96 trillion in operating profits on consolidated revenue of KRW 19.91 trillion for the quarter.
The Memory Business achieved strong earnings for the quarter due to strong demand from all applications amid solid supply and demand conditions. For NAND, while overall demand remained solid due to the launch of flagship smartphones and the expansion of cloud infrastructure, Samsung actively responded to demand from value-added and high density markets such as datacenter NVMe SSD. For DRAM, the expansion of cloud services and the trend for higher density drove strong demand. The company focused on maximizing profit by satisfying demand for differentiated products such as server DRAM over 64GB and low-power mobile DRAM.
Looking at the fourth quarter prospects for NAND, tight supply conditions are expected to remain for mobile and SSD applications, due to continued strong demand for high-density mobile products and expansion of datacenters, respectively. In response, the company will pursue a more profit-focused product mix. Looking further ahead to 2018, the trend toward high-performance, high-density mobile NAND is forecast to continue while server SSD adoption is expected to accelerate as big data needs rise. In response, Samsung will focus on expanding V-NAND supply while developing and ramping-up 5th generation V-NAND.
As for the fourth quarter DRAM outlook, high seasonal demand for mobile and PC is expected while datacenter expansion continues. Against this backdrop, the company will concentrate on cost competitiveness by expanding 1xnm process migration. Looking to 2018, high demand from datacenter infrastructure expansion is forecast to continue while demand for contents growth in mobile products will rise on the wide-spread adoption of dual camera, 3D sensors and on-device AI offerings. In response, the company will focus on ramping-up 10nm-class products and expanding sales of differentiated products such as HBM, high bandwidth LPDDR4X.
Turning to the System LSI Business, solid earnings were achieved through increased sales of mobile processors for mid- to low-end smartphones and image sensors for smartphones, while flagship phone launches lifted sales of OLED DDIs. Looking ahead, weak seasonality for processors and image sensors is expected to dampen growth in the fourth quarter. For 2018, the company will focus on sustaining growth of mobile processor and OLED DDI sales and increasing sales of image sensors amid greater adoption of dual camera features on smartphones. Further, Samsung will aim to expand its offerings to IoT, VR and automotive applications.
As for the Foundry Business, favorable results were achieved thanks to increased sales of 10-nano mobile products benefiting from stabilized yields and strong seasonality. Increased demand for differentiated products such as 32-nano mobile DDIs and 65-nano image sensors also contributed to earnings. Looking to the fourth quarter, although growth is likely to be limited, the company expects to diversify the 10-nano node from mobile to cryptocurrency mining applications, while diversifying the customer base for new 8-nano offerings. For 2018, Samsung will increase supply of 10-nano products and image sensors through mass production in line S3 and transformation of memory line 11 to foundry, respectively, and strengthening sub 7-nano process competitiveness by investing in EUV-related infrastructures.

Display to Improve on Flexible OLEDs

The Display Panel segment posted a KRW 8.28 trillion in consolidated revenue and KRW 0.97 trillion in operating profit for the third quarter. Revenues increased due to strong sales of flexible panels. However, total earnings declined driven by increased costs for starting-up new OLED production and decreased ASP for LCD panels.
For the OLED business, an increase in shipments of flexible displays for customers’ new flagship launches drove an increase in sales QoQ. However, QoQ earnings declined due to increased competition within rigid OLED products and startup costs of the new OLED production line.
For the LCD business, third quarter earnings declined, due to a decrease in the ASP of LCD panels. Further, capacity expansion in the LCD industry continues to impact prices.
Looking ahead to the fourth quarter, Samsung expects sales in the OLED business to grow based on increased shipments of flexible and rigid products. However, in the LCD business, Samsung continues to expect some supply-demand imbalance due to increased industry capacity as well as decreased seasonal demand. In response, Samsung will seek to ensure profitability through cost reduction and yield improvement, in addition to expanding the portion of high-end, value-add products such as ultra-large size, high resolution and quantum dot panels.
For 2018, Samsung expects OLED products to become mainstream in the smartphone industry, especially as flexible panels increase within high-end devices. The company plans to focus on achieving continuous growth through customers’ demand for flexible displays and through differentiated high-end products. In the LCD business, intensified competition among panel makers as well as capacity expansion within the industry is expected to be balanced with a growing market for premium TV panels, such as UHD and ultra-large sized. In light of these market conditions, Samsung will continue to improve profitability through reinforcing strategic partnerships with major customers, as well as expanding the value-added product lineup.

Mobile Maintains Solid Smartphone Performance

The IT & Mobile Communications Division posted KRW 27.69 trillion in consolidated revenue and KRW 3.29 trillion in operating profit for the quarter.
Samsung’s smartphone shipment increased on the back of the global roll-out of the newly launched flagship Galaxy Note 8 and solid performance of the new Galaxy J 2017. However, overall revenue and earnings decreased QoQ due to the higher sales portion of mid-to-low tier models.
Looking ahead to the fourth quarter, both smartphone and tablet demands are forecast to increase during the year-end peak season.
Although competition is expected to intensify in the premium segment, the company plans to focus on maintaining solid sales and profit QoQ through increased shipment of flagship models thereby enhancing the product mix.
As for the outlook for 2018, smartphone market growth is expected to recover; however, the difficult business environment is likely to continue due to intensifying competition and higher materials costs.
The company will strive to enhance leadership in the premium segment and to improve profitability through optimizing product lineups. Moreover, the company will aim to secure business growth opportunities through new technologies such as 5G and by strengthening services and software competencies.
Meanwhile, the Networks Business saw decreased sales and profit in Q3 QoQ due to a decline in LTE-related investment from global clients. Looking into the fourth quarter and beyond, the company expects to expand the supply of next generation 5G network solutions in the major advanced markets.

Consumer Electronics to Focus on Premium Products

The Consumer Electronics Division, including the Visual Display and Digital Appliances businesses, posted KRW 11.13 trillion in consolidated revenue and KRW 0.44 trillion in operating profit for the third quarter.
Despite lower demands from advanced markets, significant improvements in QoQ earnings for Samsung’s Visual Display Business were led by increased sales of premium QLED TVs. However, due to higher cost of LCD TV panels and weakening demand of the TV market, YoY earnings were modestly lower.
In the fourth quarter, Samsung will focus on profitability, by increasing the dominance in the premium QLED and ultra-large TV lineups, as well as reinforcing B2B growth including digital signage and Cinema LED businesses.
Looking ahead to 2018, major sports events, including the World Cup and Winter Olympics, are expected to drive demand for UHD and ultra-large screen TVs. Samsung will reinforce its market leadership in the premium market and further improve profitability by increasing the QLED and ultra-large TV lineups.
In Digital Appliances, investment costs in B2B business resulted in a decrease of YoY earnings, despite a modest increase in overall market demand and strong sales of air conditioners and washing machines in Korea.
New products like washing machines with QuickDriveTM technology and POWERstick vacuum cleaners are expected to drive revenue growth in the fourth quarter.
In 2018, Digital Appliances business looks to improve earnings by increasing shipments of premium products as well as expanding the B2B businesses and increasing online channel sales.

※ Consolidated Sales and Operating Profit by Segment based on K-IFRS (2016~2017 3Q)

Note 1: Sales for each business include intersegment sales
Note 2: CE (Consumer Electronics), IM (IT & Mobile Communications), DS (Device Solutions), DP (Display Panel)
Note 3: Information on annual earnings is stated according to the business divisions as of 2017.

Samsung Electronics Announces New Leadership

Kinam Kim to head the Device Solutions (DS) Division, Hyunsuk Kim the Consumer Electronics (CE) Division, and Dongjin Koh the IT & Mobile Communications (IM) Division

Samsung Electronics today announced its new leadership for the next phase of its growth. Presidents Kinam Kim, Hyunsuk (HS) Kim, and Dongjin (DJ) Koh will succeed Vice Chairman Oh-Hyun Kwon, Presidents Boo-Keun Yoon and Jong-Kyun Shin, respectively, as heads of the DS, CE, and IM Divisions. The Company will maintain the current three co-CEO management structure. All new appointments will be effective immediately.
Mr. Kwon stated, “The next generation of leaders are well suited to accelerate the pace of innovation and address the demands of the connected world. They have proven track records with extensive experience and outstanding expertise in their fields.”

* Kinam Kim joined the Company in 1981 and is an IEEE fellow and renowned authority in semiconductors, having served as the head of Samsung Advanced Institute of Technology; CEO of Samsung Display; head of the Memory, System LSI Businesses and until now was responsible for the overall semiconductor business.

* HS Kim is a leading expert in display products, having played a major role in the Company achieving the top position in global TV sales for the 11th consecutive year with numerous display technology breakthroughs.

* DJ Koh has recently delivered solid results in the mobile business, having overseen the development of its flagship Galaxy smartphones with differentiated products and services, based on his vast experience as the previous head of mobile R&D.

In a joint statement, Mr. Yoon and Mr. Shin said that they have made the decision to follow Mr. Kwon’s earlier announcement to resign, making way for new leaders. “It is an honor and a privilege to have been part of the historic rise of Samsung Electronics. We are confident that our successors will keep the Company on its growth path.”
Separately, President Sang-Hoon (SH) Lee will leave his position as CFO, effective immediately. Mr. Lee has been recommended by outside Board members to be Chairman of the Board and succeed Mr. Kwon next March. This would mark the first time that the Company will separate the Chairman of the Board and the CEO roles.
“In this time of transition, I look forward to SH’s insight as CFO to help guide the Board and its new executive members,” said Byung-Ki Lee, an independent director and Chairman of the Governance Committee of the Board. “In addition to overseeing the Company’s finances, SH was also in charge of running its global operations and these experiences will be a tremendous asset to the Board.”

At the next AGM in March 2018, the three new Division heads as well as Mr. Lee will join the Board of Directors. Messrs. Kwon, Yoon and Shin will remain as members of the Board until then.