삼성전자의 2023년 2분기 경영실적이 반도체 가격 하락 지속에 따른 반도체 부문 실적의 적자 및 모바일 수요 부진에 파운드리 및 MX 사업부의 실적 악화로 인해 지난 1분기에 이어 저조한 성적표를 이어갔다.

▲Samsung Electronics 2nd quarter 2023 business performance (unit: 100 million won, %,
based on consolidated financial statements )
2Q sales 60.55 trillion won, down 22% YoY, operating profit 668.5 billion won, down 95% YoY
Semiconductor price decline continues, deficit, mobile demand decline, foundry and MX sluggishness
Samsung Electronics' 2nd quarter 2023 business performance continued its poor performance from the previous quarter due to a deficit in the semiconductor division resulting from the continued decline in semiconductor prices and a deterioration in the performance of the foundry and MX divisions due to sluggish mobile demand.
Samsung Electronics announced its business performance for the second quarter of 2023 on the 27th. According to this, sales based on consolidated financial statements were 60.055 trillion won, down 22.3% year-on-year, and operating profit was 668.5 billion won, down 95.3% year-on-year. Net income was 1.7236 trillion won, down 84.5% from the same period last year.
This performance represents a 6% decrease from the previous quarter, despite the recovery in DS sales, due to a decline in smartphone shipments.
The DS (Device Solutions) division recorded sales of KRW 14.73 trillion and an operating loss of KRW 4.36 trillion.
Memory semiconductors continued to show weakness in server demand due to continued inventory adjustments by customers, but demand for high-capacity, high-spec products remained strong due to increased investment in AI by major data centers. Despite this, the deficit continued due to continued price declines.
S.LSI's performance was sluggish due to the delay in the recovery of semiconductor demand and continued inventory adjustments by customers caused by the economic downturn and inflation-induced sluggish smartphone demand.
Foundries saw their profits drop significantly due to lower operating rates caused by lower wafer inputs amid weak demand from key applications such as mobile devices and uncertainty in the second half of the year.
The DX (Device eXperience) division recorded sales of KRW 40.21 trillion and operating profit of KRW 3.83 trillion.
MX (Mobile eXperience) saw a decrease in premium sales as the effect of launching new flagship products diminished amid the global smartphone demand decline, and sales decreased compared to the previous quarter due to the delayed recovery of the mid- to low-end market caused by the economic downturn.
On the other hand, the Galaxy S23 series continued to sell well compared to its predecessor, and maintained double-digit profitability thanks to strong sales of higher-end models such as the A series.
The network saw a decline in sales, particularly in major overseas markets such as North America and Japan.
Despite the decline in global TV demand, VD (Visual Display) achieved solid performance by focusing on sales of high value-added products such as Neo QLED, OLED, and ultra-large screens, thereby expanding its leadership in the premium market.
Home appliances saw improved profitability due to increased sales through increased sales of premium products during the seasonal peak season and reduced costs such as logistics costs.
Harman recorded sales of 3.5 trillion won and operating profit of 250 billion won.
Harman saw both revenue and profit increase due to increased consumer audio demand centered on portable/TWS (True Wireless Stereo) and cost efficiency. In particular, the company solidified its foundation for growth by winning the largest-ever battlefield project.
SDC recorded sales of KRW 6.48 trillion and operating profit of KRW 840 billion.
Display recorded profits at the same level as the previous quarter, despite the seasonal off-season for small and medium-sized panels, thanks to solid sales of premium panels. For large panels, the company focused on strengthening its position in the premium market with QD-OLED products.
In the second half of 2023, global IT demand and business conditions are expected to gradually recover, and the company's performance is expected to improve compared to the first half, centered on the parts business. However, uncertainty regarding demand recovery due to macroeconomic risks is expected to continue.
The DS division plans to expand sales of high value-added products such as DDR5, LPDDR5x, and HBM3, as well as new orders. In addition, it plans to strengthen mid- to long-term competitiveness by continuing to invest in infrastructure, R&D, and packaging, and improving the completion of the GAA (Gate-All-Around) process.
The DX division plans to maintain solid profitability by successfully launching major new products such as foldable smartphones, tablets, and wearables and expanding sales of premium TV/home appliance products.