The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
Business
  • Tech
  • Bio
  • Companies
Sat, July 2, 2022 | 05:12
Tech
Sony, Apple, Dell are Samsungs big buyers
Posted : 2010-06-16 16:56
Updated : 2010-06-16 16:56
Print Preview
Font Size Up
Font Size Down

By Kim Yoo-chul
Staff reporter

In component-related businesses, securing big buyers is a critical factor to boost corporate earnings and to maintain healthy sustainability.

The other way around is also true since finished product makers need reliable suppliers.

This rule applies especially to Samsung Electronics as well as its big buyers ― the world's top manufacturer in both computer memory chips and flat-screens.

In an analysis to review Samsung's first quarter performances, Japan's Sony was its biggest buyer, followed by Apple and Dell of the United States.

The second tier in Samsung's overseas buyers include Hewlett-Packard, Verizon Wireless and AT&T ― all American companies, according to earnings reports released by Samsung.

For the first quarter this year, the Tokyo-based Sony accounted for 3.7 percent of Samsung's total sales.

Sony bought 1.28 trillion won ($1 billion) worth of components from its biggest Korean rival.

Samsung reported 34.6 trillion won in first quarter sales.

Sony has been acquiring flat panels used in everything from televisions to mobile phones from its joint venture with Samsung since July 2004.

Sony has been known to purchase DRAM chips and flash-type memory devices from Samsung.

DRAMs are widely used in traditional PCs, while flash-type chips go into smartphones as the chips are able to store data while the battery is dead.

"Sony is expected to buy over 5 trillion won worth of Samsung's components by the end of this year as it is heavily betting on 3D televisions, smartphones and other LCD-embedded products amid the rising consumer demand," a Samsung Electronics executive said, Wednesday.

Hong Ji-eun, a representative of Sony's Korean branch declined to comment.

According to reports, the California-based consumer electronics company Apple ranked the second-biggest buyer.

Apple attributed to nearly 2.6 percent or some 900 billion won of Samsung's first quarter sales.

Samsung is supplying flash-type chips to be used in Apple's iPhones, while the top memory chip vendor also provides application processors or APs ― the parts which function as the "brain" in controlling the whole system ― for iPhones and iPads.

Apple sold 8.75 million units of iPhones during the first quarter, globally, while it reached the 2 million sales mark in iPads in two months since its introduction, according to industry data.

"Samsung will sell over 60 million units of application processors to Apple this year alone. Continued and optimistic expected sales of iPhones and iPads will help Samsung's semiconductor division increase its cash-balance sheets," another industry executive said.

Steve Park, a representative of Apple's Korean branch declined to comment.

Dell, Hewlett-Packard follow

Dell, which sells PCs via a unique direct selling scheme, spent about 870 billion won at the Samsung Electronics supercenter in the last quarter.

The U.S computer maker emptied its wallet to contribute 2.5 percent to Samsung's gains.

Like Sony and Apple, Dell buys DRAMs and flat-panels for monitors.

The invoice for Hewlett-Packard totaled 760 billion won for components, contributing 2.2 percent to Samsung's total sales, ordering the same products as Dell.

Telecommunication carriers aren't the exception.

Verizon Wireless and AT&T bought a combined total of 1 trillion won worth of handsets from Samsung. Samsung is the world's second largest manufacturer of mobile phones only after Finland-based handset giant Nokia.

A Samsung spokesman Shin Young-june declined to give more financial details and refused to release more information about its relationship with clients.

The industry executive did say, however, "Overall, Samsung will do better in the component business. By putting more resources to enhance technologies to thereby produce more advanced components, we are positive about getting more and consistent orders from bigger clients."
Emailyckim@koreatimes.co.kr Article ListMore articles by this reporter
 
LG
LG
  • 'Crypto rebound will be more powerful than stocks'
  • Economic Essay Contest for University Students
  • Negative views of China among Koreans hit all-time high: survey
  • Yoon dismisses China's claim that Korea is joining NATO's Indo-Pacific expansion
  • Baemin, Coupang Eats scramble to retain delivery drivers
  • 1,000 people evacuated from building in central Seoul after tremor
  • Yoon heads home after attending NATO summit in Spain
  • Bodies of child, parents found in vehicle recovered from water
  • Ruling party's odd man out
  • Yellen to discuss supply chains, imposing costs on Russia during visit to Seoul
  • Korean studies struggles to grow despite success of K-pop, K-dramas Korean studies struggles to grow despite success of K-pop, K-dramas
  • [INTERVIEW] Bae Suzy shows another side in 'Anna' [INTERVIEW] Bae Suzy shows another side in 'Anna'
  • Korea's 1st queer romance reality show to hit air July 8 Korea's 1st queer romance reality show to hit air July 8
  • [INTERVIEW] Filmmaker points lens at North Korea's political prison camps [INTERVIEW] Filmmaker points lens at North Korea's political prison camps
  • Naver Webtoon launches horror-themed playground in metaverse Naver Webtoon launches horror-themed playground in metaverse
DARKROOM
  • Afghanistan earthquake killed more than 1,000

    Afghanistan earthquake killed more than 1,000

  • Divided America reacts to overturn of Roe vs. Wade

    Divided America reacts to overturn of Roe vs. Wade

  • Namaste: Yogis to celebrate International Yoga Day

    Namaste: Yogis to celebrate International Yoga Day

  • Poor hit harder by economic crisis

    Poor hit harder by economic crisis

  • Roland Garros 2022

    Roland Garros 2022

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group