Samsung expects semiconductor chip profits to reach 13.1 trillion won in 2023, about half of 2022

According to The Elec, Samsung expects its annual operating profit from semiconductor sales to reach around 13.1 trillion won in 2023. It is reported that this target includes every business unit including memory, logic and foundry business units. If the standard is successfully met, employees are expected to receive a bonus equivalent to 5-11% of their annual salary in 2023 in January 2024.

According to sources, Samsung pays performance bonuses to employees at the beginning of each year. The amount is paid out of profits that exceeded each business unit's previous year's target, Samsung said in a note sent to employees in recent days that it will recognize the amount of the bonus paid in January based on performance in 2022.

Analysts expect Samsung's annual operating profit in 2022 to be between 25 trillion and 26 trillion won, and if 2023 meets Samsung's own forecast, its profit will be about half that of 2022.