In the second half of the year, Samsung’s export revenue to China was much higher than its exports to the United States.

The world’s largest memory chip maker remains South Korean company Samsung Electronics, which has retained the ability to aggressively grow revenue amid the artificial intelligence boom, but its growth has been uneven across geographic regions. For example, according to the results of the first half, China brought more funds to Samsung than the US market, in the first case, the increase reached 208%.

Image source: Samsung Electronics

Corresponding indicators, as mentioned above Business Koreaappeared in Samsung Electronics’ interim semi-annual report released last week. This document allows you to evaluate the changes in the company’s key financial indicators during the first six months of the year. At current exchange rates, Samsung’s export revenue to the U.S. market in the first half of the year was approximately US$50 billion, more than double the level in the same period last year.

Samsung’s report combines revenue from its DX and DS divisions, which produce electronic equipment and semiconductor components respectively, so the growth engine for the period can be identified through only indirect evidence. Obviously, the company’s revenue growth in the North American market in the second half of the year was mainly due to its active supply of semiconductor components to meet the needs of large companies in the U.S. technology field. It is also important to understand that from a monetary perspective, the supply of such products is growing faster than physical goods because prices rise faster.

The semiconductor business (DS) as a whole accounted for 68.5% of Samsung Electronics’ total revenue in the first half of the year, and accounted for 97.4% of the operating profit structure. It is worth noting that China’s exports brought Samsung revenue of US$62.8 billion, an increase of 208% over last year. In fact, the company earns more revenue from supplying products to China than from supplying products to the U.S. market, although the structure of those supplies may be significantly different. At least, Samsung has no right to supply advanced memory chips to Chinese customers. But Samsung continues to produce a large portion of its mass memory in China.