Quarterly revenue of Samsung Electronics 2011-2024, by business segment

As of the second quarter of 2024, Samsung Electronics’ mobile experience (MX) was its biggest revenue generator, bringing in approximately 18 billion U.S. dollars. Other key segments are the company’s mobile communications and display panel businesses which also contributed significantly to total revenue.

Samsung

Samsung, perhaps best known for its consumer electronics division, owns business ventures that span across a large range of industries. Controlling some of the top companies operating in every sector from electronics to insurances to shipbuilding, Samsung ranks among the largest conglomerates in the world in terms of market value. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within its home country.

Mobile Communications segment

The cornerstone of Samsung’s success is its mobile communications segment, which includes various lines of smartphones and wearables as well as the company’s library of application software such as Samsung Pay. The company’s Samsung Galaxy line is among the most popular in the world and contributes towards making Samsung one of the largest smartphone brands in the world in terms of worldwide shipments.

Samsung Electronics' revenue from 1st quarter 2011 to 2nd quarter 2024, by product/business segment (in billion U.S. dollars)

CharacteristicDevice eXperience (DX) - othersDX: DA (Digital appliances)DX: Visual Display (VD)DX: NetworksDX: Mobile eXperience (MX)Device Solutions (DS) - otherDS: MemorySDCHarmanConsumer electronics - visual displayConsumer electronics - otherITMobile communicationsSemiconductorDisplay panelDigital media & appliances - other**Telecom - other**Other
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Q1 2011 to Q2 2024

Supplementary notes

Figures for Q2' 24 were converted based on the rate KRW= 0,00075 USD (September 2024). Figures for Q1 '24 were converted based on the rate KRW = 0,00073 USD (May 2024). Figures for Q4 '23 were converted based on the rate: KRW = 0.00075 USD (February 2023). Figures for 2022 and 2023 were converted based on the rate: 1 KRW = 0.00076542 USD (March 31, 2023). Figures for Q4 '20 were converted from South Korean won to U.S. dollars at the exchange rate of 1 South Korean won = 0.00092111 U.S. dollars (Dec 30, 2020).
Device eXperience (DX) includes Mobile eXperience (MX)/Networks (NX) and Visual display (VD)/DA; Device Solutions (DS) includes Memory, Foundry and S.LSI; and SDC includes Large and Mobile.
The source adds the following information: "The DX Division provides earnings call materials based on the business structure before the reorganization to prevent confusion and to improve understanding among investors. Harman’s sales and operating profit figures are based on Samsung Electronics’ fiscal year, and acquisition related expenses are reflected."
Sales for each business unit include intersegment sales.
**in 2011, Samsung categorized visual display under the Digital Media & Appliances segment and mobile communications under the Telecom segment.

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