Samsung soars to $5.9bn profit driven by Galaxy smartphone demand

By Leeky · 5 replies
Jul 6, 2012
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  1. Samsung's profits soared in its second quarter thanks to stronger than expected sales of its Galaxy S3 smartphone, despite parts supply problems and issues with maintaining stock levels at retailers. The South Korean firm's other businesses struggled however, with its……

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  2. "They also supply Apple with memory chips, NAND flash and displays." With the lawsuits from Apple you would think Samsung could just stop the flow of products to Apple fab plants, it would be interesting to but likely not going to happen. Imagine, oh your suing us cause we use the same parts in our products, okay, find a new supplier... Good to see Samsung's bottom line isn't being affected too badly with the ban in the US.
  3. Raswan

    Raswan TS Enthusiast Posts: 279

    It would be pretty cool to see the meltdown, and how quickly Apple could recover. But you're right, never gonna happen, at least partly because even if they don't give a rip about Apple, it would scare away the other people for whom Samsung makes ****.
  4. Leeky

    Leeky TS Evangelist Topic Starter Posts: 3,797   +117

    Not only that, but the pure and simple fact that Samsung makes a shed load of money off the back of Apple's iPhone and iPad would make it a no go. Besides, once the iPhone comes out later this year and sales start to slacken on the SGS3, Samsung will still be earning money on every single handset sale they lose out on to Apple -- that's a whole lot better than getting absolutely nothing like other phone makers will.

    All said and told, Samsung is in a great position in the handset market and I don't see its grip loosening any time soon.
  5. hahahanoobs

    hahahanoobs TS Evangelist Posts: 2,040   +678

    It's odd that Apple will use a customized Samsung Exynos 4 architecture for the Apple A6 SoC, but is moving the fab work from Samsung in Texas to TSMC because of their shoddy relationship, if I'm not mistaken. Someone correct me if I'm wrong.

    What I didn't find was if Apple will continue to use Samsung for the displays on their next devices.
  6. Samsung could cut sales to apple but since they make a boatload of money off it, it's unlikely. If they did, it would absolutely cripple aapl since Samsung parts are used in every single one of their products (sometimes accounting for over half of the total cost of manufacture). Samsung would also take a hit but nowhere near the scale that would cripple apple.

    Let's not forget they make a lot more than just electronics. Pharmaceuticals and engineering/construction among others come to mind...

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