Samsung Electronics: Challenges in Semiconductor Market and Future Concerns

Samsung Electronics struggles with competitive edge, facing yield issues and market challenges in foundry and HBM sectors.

### Samsung's Struggling Semiconductor Division
Samsung's stock price is declining despite a special dividend report, with unsettling rumors circulating about the company's performance. The tech giant has strong capabilities in **RAM, NAND, and OLED**, but is facing **declining yields in DRAM** and a **contracting market for NAND**. The company's struggles in the semiconductor sector are exacerbated by issues with **HBM and Exynos**, as well as a concerning **20% yield in the 3-nanometer process**, raising questions about its **competitiveness with TSMC**.

### Samsung's Production Strategy and Market Dynamics
Samsung's approach to chip production for its devices has shifted, with the S23 using **Snapdragon exclusively**, the S24 combining **Exynos and Snapdragon**, and the S255 returning to **only Snapdragon**. The company's strategy of producing in **large quantities** aims to **reduce prices and dominate the market**, but the current mindset of **shared decline** is impacting profitability. The limited edition strategy and supply adjustment play a crucial role in **driving up prices and attracting new suppliers**, ultimately leading to a **competitive market dynamic and potential monopolization**.

### The Dynamics of the AI Market and Semiconductor Foundries
The AI market is experiencing a positive trend, with **increasing demand** and **multiple suppliers emerging** to meet it. Despite the rising demand for semiconductor manufacturing, supply is primarily coming from TSMC and Samsung, with Samsung **struggling to increase its capacity**. The separation of Samsung's smartphone division and foundry division complicates the supply chain, leading to a **reliance on external sources for production**.

### Qualcomm's Dependency and Samsung's Struggles
Qualcomm is currently relying on external sources for production, while TSMC is favored by its competitors, leaving Samsung at a disadvantage. Samsung's phone business is its **biggest cash flow and stable operation**, but the company's loyalty to TSMC is **questionable**. The total losses in overseas real estate funds for KB, Hana, and Mirae Asset have reached **4 to 5 trillion won**, raising concerns about **stock price protection**.

### Samsung Electronics' Silent Struggle and HBM's Impact
Samsung Electronics has been quiet about its operations, leading to a preference for Hynix. The company is expected to **make good money this time**, with a **strong capacity and improving yield**. HBM3's delivery for the 8-layer version is underway, with rumors of its use in **all Black products**, while Samsung's diverse business sectors are currently **performing well**.

### Samsung Electronics' Struggles with HBM and Foundry
Samsung Electronics is facing significant challenges in producing HBM chips and has **lost its competitive edge** in this area. The company's struggles are compounded by TSMC's dominance in foundry services and SK Hynix's takeover of HBM production. While Hynix is thriving in the HBM sector and **expanding its manufacturing capabilities**, Samsung's future in this market remains **uncertain**.

### Samsung Electronics: Navigating Challenges Amidst Declining Stock Prices
* 😟  Samsung's special dividend report for 2026 has been released, yet the stock price continues to decline, leading to **feelings of unease among investors**.
* 📉  The current situation is shaky, with **unsettling rumors circulating** about Samsung Electronics, particularly regarding its **semiconductor sector**.
* 💻  Despite having strengths such as **enormous capacity** and **high technical capabilities** in RAM, NAND, and OLED technologies, there are concerns about **declining yields** in DRAM and NAND production.
* ⚠️  Recent rumors suggest that the yield for Samsung's 3-nanometer process is only **20%**, significantly lower than TSMC's reported yield of **over 50%**, raising alarms about their **competitive position in the market**.
* 📱  The upcoming Galaxy S25 is expected to **exclusively use Snapdragon processors**, indicating challenges within Samsung's semiconductor design division, particularly with **Exynos chips**.
* 🛠️  Samsung's traditional strategy of producing in large quantities to drive down prices is faltering in a market where **profits are dwindling**, leading to a scenario where even they may **struggle to remain profitable**.
* 📊  The foundry market is experiencing rising demand for semiconductor manufacturing, but Samsung's ability to **expand its supply capacity** is in question, especially compared to TSMC's **aggressive growth plans**.
* 🚨  Ultimately, if Samsung Electronics cannot regain its competitive edge in foundry and HBM technologies, it risks becoming a **shadow of its former self**, despite still generating good profits from its smartphone and home appliance sectors.

삼성전자, 무엇이 문제일까?

기업 분석, 시황 분석을 중심으로 투자하는 개인투자자 테이버입니다.
15년차 개인투자자 / 아프리카TV BJ대상 / 머니카피 저자

"억만장자가 되고 싶다면 내 주변 사람을 백만장자로 만들어라"
테이버와 함께하는 안전하고 즐거운 투자생활! 돈벌자! 가즈아!

- 월,화,수,목,금 저녁 9시 / 아프리카TV Live  http://afreecatv.com/taver1123
- 월,화,수,목,금 아침 8시 / 아침시황 Live 
