Samsung seems to have gained a lot of profit during the last three quarters of 2021, mainly thanks to chip production.
. The company is said to expect a 52% rise in profits during the last three months of 2021, possibly due to the global chip shortage.The company estimates that it made 13.6tn won in the period when the chip shortage was at its peak, and this profit was made mainly from chips. According to the report, that would be the highest fourth-quarter operating profit the South Korea-based tech giant has had in four years.
Additionally, Sam Reynolds also noted that Samsung has received some benefit from currency fluctuations as well, especially since the Korean won was depreciating thus"making Korea's exports more attractive to the global market." . There was a big shortage of semiconductors and this issue affected manufacturers. Some were forced to suspend production or delay releases, others, like Apple, were experiencing iPhone shipments delays.to ensure parts for iPhones due to the chip shortage. This causes some iPad shipments to get delayed and some customers had to wait for a month or so to get their iPad in some cases.
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