On July 4, it was reported that according to foreign media reports, some analysts expected that Samsung's profits would drop by more than half as the semiconductor business fell into recession. The previous ban on Huawei made Samsung's situation worse, and the ban led to the suspension of the shipment of some products.

Based on the data of 29 analysts, Definitiv SmartEstimate predicts that Samsung's operating profit in the second quarter will be 5.14 billion dollars, and Samsung will release its financial report on this Friday. US $5.14 billion decreased by 60% year-on-year, lower than US $5.4 billion in the first quarter, which is the lowest level of earnings in the second quarter in three years.

It is reported that Samsung is the world's largest supplier of DRAM and NAND chips, which bring about two-thirds of Samsung's profits. According to the news from TrendForce, the price of chips fell by 25% in the second quarter, which saved Samsung a lot of money. Analysts believe that DRAM and NAND chips will remain at low prices for the rest of this year, while Samsung and Micron (Micron) hope that prices will rise.

Foreign media said that although Huawei's situation also affected Samsung's profits, Samsung's smartphone sales may have improved due to the ban. HI Investment&Securities estimates that Samsung's smartphone sales may increase by 37 million this year.

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