Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP NEWS AGENCY) = Samsung Electro-Mechanics recorded sales of KRW 2.5801 trillion and operating profit of KRW 208.1 billion on a consolidated basis in the second quarter.

Sales increased by KRW 359.6 billion(16%) and operating profit increased by KRW 3.1 billion (2%) compared to the same period last year. Sales decreased by KRW 44.2 billion(2%) compared to the previous quarter, but operating profit increased by KRW 27.8 billion(15%).

In the third quarter, demand for high-performance components is expected to increase as new flagship smartphones are released by domestic and foreign trading partners and the AI-related market continues to grow.

Samsung Electro-Mechanics plans to expand the supply of high value-added products such as small, high-capacity MLCCs and high-spec semiconductor package substrates such as FCBGAs for servers. In addition, Samsung Electro-Mechanics plans to continue to lead the market for electric components by supplying parts that the market demands in a timely manner through the discovery of new customers and diversification of production locations.

By Soon-ki Lee(s8789@nspna.com) and Jeonghwa Choi(choijh@nspna.com)

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