Samsung doing mass layoffs is result of its divisions losing shares to China & Taiwan across the board.
From below, 38% revenue from Mobile, 32.5% from memory & logic fab, 18% from consumer electronics & 11% from displays.
I will explore each segment & show how it is losing.
From below, 38% revenue from Mobile, 32.5% from memory & logic fab, 18% from consumer electronics & 11% from displays.
I will explore each segment & show how it is losing.
In all important smart phone mkt, Samsung still 1st globally, but down to just 18% mkt share in Q2.
2023Q4 was also very low.
Xiaomi & Vivo have gained against Samsung across Global South Countries.
HW has ate into Samsung's share in foldable phones.
Unlikely to turn around.
2023Q4 was also very low.
Xiaomi & Vivo have gained against Samsung across Global South Countries.
HW has ate into Samsung's share in foldable phones.
Unlikely to turn around.
In display mkt, BOE & TCL has for the most part chased Samsung out of LCD mkt.
Now, Samsung's lead in AMOLED mkt also shrinking.
From Q1 & Q2, Samsung's mkt share shrunk to < 45% in total.
Combo of BOE, Vision, CSOT & Tianma have massively expanded to eat up shares vs 1 yr ago.
Now, Samsung's lead in AMOLED mkt also shrinking.
From Q1 & Q2, Samsung's mkt share shrunk to < 45% in total.
Combo of BOE, Vision, CSOT & Tianma have massively expanded to eat up shares vs 1 yr ago.
In advance logic node, it's rapidly falling behind TSMC as it has failed to win a major customer to its 3nm GAA process.
Most recently, it's withdrawing from Taylor plant idue to just 10-20% yield.
& it's facing onslaught of mature capacity out of China
businesskorea.co.kr
Most recently, it's withdrawing from Taylor plant idue to just 10-20% yield.
& it's facing onslaught of mature capacity out of China
businesskorea.co.kr
In former profitable memory chip sector, Samsung is now facing increased capacity from CXMT & YMTC.
Analysts expect CXMT to have increased capacity from 70k wpm in 2022 to 200k by end of this yr.
That will take Chinese customers away from Samsung.
src zdnet.co.kr
Analysts expect CXMT to have increased capacity from 70k wpm in 2022 to 200k by end of this yr.
That will take Chinese customers away from Samsung.
src zdnet.co.kr
In consumer electronics, Samsung has seen its shares shrink from about 20% in much of 2010s to 17% in 2022 & now to 16% in 2023/2024.
Just as importantly, Chinese phone giants are also moving into smart TV & CEs now.
Samsung is likely facing a lot of pressure for hi-end stuff.
Just as importantly, Chinese phone giants are also moving into smart TV & CEs now.
Samsung is likely facing a lot of pressure for hi-end stuff.
So when you look across its various divisions, nothing is going well. As it cuts some divisions by up to 30%, a lot of those ppl will end up w/ its Chinese competition.
China Inc is beating Korean Inc. No amt of industrial policy can change the huge gap in human capital.
China Inc is beating Korean Inc. No amt of industrial policy can change the huge gap in human capital.
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