Samsung's inventory exceeded 54 trillion won in the first quarter
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stockmk2020@alphabiz.co.kr | 2023-05-15 22:32:18
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Electronics' inventory assets also increased in the first quarter of this year due to the global economic downturn, the report showed.
According to Samsung Electronics' quarterly report on the 15th, inventory assets stood at 54.4195 trillion won as of the end of the first quarter of this year, up 4.3 percent from 52.1878 trillion won at the end of last year. It is an increase of 14.3% compared to a year ago (47.59 trillion won).
In particular, the DS division's inventory, which is in charge of semiconductors, has increased significantly. DS inventories, which stood at 29.576 trillion won at the end of last year, rose 9.9 percent to 31.9481 trillion won in the first quarter of this year. Analysts say that this is because inventory of memory semiconductors has increased due to worsening semiconductor industries.
However, inventory assets in the DX division, which is in charge of home appliances and mobile businesses, fell 1.8% from 20.19 trillion won to 19.82 trillion won during the same period. Inventory assets in the display (SDC) sector also fell 21.5% from 2.1661 trillion won to 1.7014 trillion won.
Smartphone market share in the first quarter of this year was 25.2 percent, up 1.5 percentage points from the first quarter of last year. Analysts say that Samsung Electronics has increased its market share by using the Galaxy S23 even when the smartphone market has been stagnant due to the global economic downturn. Samsung Electronics' smartphone market share, which was 19.6% in 2020, is steadily increasing. Samsung Electronics has been the world's No. 1 smartphone market since 2011.
In the first quarter of this year, AT&T, one of the top three U.S. telecommunication companies, was listed as one of Samsung's five major retailers. Instead, Best Buy, a home appliance retailer that was a major seller until the end of last year, was excluded from the list.
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