GSMArena.com GSMArena.com

Tip us

2.0m
150k
RSS

EV

Merch

Log in

Login

I forgot my password
Sign up
  • Home
  • News
  • Reviews
  • Videos
  • Featured
  • Phone Finder
  • Deals
  • MerchNew
  • Coverage
  • Contact
ADVERTISEMENT

Samsung Q2 report: mobile business sees increase in sales and profit

  • Post your comment
  • Comments (29)

Yordan 29 July 2021

Samsung Android

Samsung has posted its earnings report for the second quarter of 2021, and the numbers look really impressive - a 20% increase in sales on a yearly basis, and 54% better profits than Q2 2020 when the pandemic lockdowns caused consumers to delay their purchases of electronics.

In its earnings release, Samsung revealed while there might be demand uncertainties in some divisions due to the COVID-19 situation, it expects the market to recover to a 2019 level in the second half of the year.

Q2 2021 Q1 2021 QoQ Change Q2 2020 YoY Change
IM Sales (in KRW / USD) 22.67 tr / 19.7B 29.21 tr / 25.48B -22% 20.75 tr / 18.1B 9%
IM Profit (in KRW / USD) 3.24 tr / 2.82B 4.39 tr / 3.83B -26% 1.95 tr / 1.7B 66%

The IT & Mobile Communications Business at Samsung has reported a 9% increase in sales on a yearly basis, but is down 22% from the previous quarter due to weak seasonality. While profit was 66% higher than Q2 2020, it decreased 26% on a quarterly basis.

Expectations for the second half of the year are for the 5G expansion to continue, but the danger of COVID-19 disrupting component supply is still present. Samsung is aiming to solidify its leadership in the premium segment with the launch of new foldables “based on innovative new products that bolster competitiveness and user experiences” on August 11.

Source

Related articles
  • Samsung officially confirms the August 11 date for the Galaxy Unpacked event Samsung officially confirms the August 11 date for the Galaxy Unpacked event
  • Samsung teases Galaxy Z Fold3 in official trailer Samsung teases Galaxy Z Fold3 in official trailer
  • Samsung announces One UI 4.0 beta (based on Android 12), Galaxy S21 trio is getting it first Samsung announces One UI 4.0 beta (based on Android 12), Galaxy S21 trio is getting it first
  • Samsung Galaxy Watch4 and Watch4 Classic teasers show Google Maps, Play Store Samsung Galaxy Watch4 and Watch4 Classic teasers show Google Maps, Play Store

Reader comments

.
  • .
  • Nvp
  • 30 Jul 2021

Vivo

  • Reply
?
  • Anonymous
  • gq3
  • 30 Jul 2021

Correct

  • Reply
?
  • Anonymous
  • Dpc
  • 29 Jul 2021

So you'll accept features from 2010 and be jumping up and down as it is new feature on ios? But the feature is still old, only you(ios users) got it late.

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 29

ADVERTISEMENT

Phone finder

  • Samsung
  • Apple
  • Huawei
  • Nokia
  • Sony
  • LG
  • HTC
  • Motorola
  • Lenovo
  • Xiaomi
  • Google
  • Honor
  • Oppo
  • Realme
  • OnePlus
  • Nothing
  • vivo
  • Meizu
  • Asus
  • Alcatel
  • ZTE
  • Microsoft
  • Umidigi
  • Coolpad
  • Oscal
  • Sharp
  • Micromax
  • Infinix
  • Ulefone
  • Tecno
  • Doogee
  • Blackview
  • Cubot
  • Oukitel
  • Itel
  • TCL

All brands Rumor mill

ADVERTISEMENT

Top 10 by daily interest

  Device Daily hits  
1.OnePlus Nord 5 5G35,761
2.Xiaomi Poco F7 5G28,658
3.Samsung Galaxy A5627,487
4.Nothing Phone (3) 5G25,787
5.Samsung Galaxy Z Fold724,839
6.Samsung Galaxy S25 Ultra23,628
7.Google Pixel 10 Pro 5G20,225
8.Apple iPhone 16 Pro Max18,018
9.vivo X200 FE 5G17,996
10.Google Pixel 10 Pro XL 5G17,119

ELECTRIC VEHICLES

Kia EV2 prototype enjoys some high-altitude testing in the Alps, here's the video Kia EV2 prototype enjoys some high-altitude testing in the Alps, here's the video Xiaomi is already testing a 1,548 hp YU7 UltraBentley EXP 15 concept showcases the brand's full-electric future vision
ADVERTISEMENT

Home News Reviews Compare Coverage Glossary FAQ RSS Youtube Instagram TikTok Facebook Twitter

© 2000-2025 GSMArena.com Mobile version Android app Tools Contact us Merch store Privacy Terms of use Change Ad Consent Do not sell my data