Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, far worse than analysts expected as its struggling chip business faced U.S. chip curbs on ...

In the June quarter, the company’s operating profit dropped by a sharper-than-expected 56 per cent, largely due to inventory write downs triggered by U.S. export restrictions on AI chips destined for ...

Samsung Electronics anticipates a 39% drop in Q2 profit, primarily due to weaker-than-expected AI chip sales. More details ...

SEOUL, July 24 (Yonhap) -- Samsung E&A Co., a South Korean plant engineering company, said Thursday its second-quarter net profit fell 31 percent from a year earlier due to a base effect.

SK Hynix flagged plans to boost spending this year after posting on Thursday a record quarterly profit, as the Nvidia ...

Samsung Electronics is expected to report a 39% drop in second-quarter operating profit, hit by delays in supplying advanced high-bandwidth memory (HBM) chips to AI leader Nvidia. According to LSEG ...

SEOUL, July 24 (Yonhap) -- Samsung SDS Co., the IT service arm of Samsung Group, said Thursday its second-quarter net profit declined 7.6 percent from a year earlier, mainly due to one-off costs.

(RTTNews) - Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) expects that its second-quarter operating profit will drop about 95.74 percent from last year as the memory chip downturn continues.

Samsung is expecting operating profits of 6.5 trillion won for the second quarter, a drop of 56% from 14.87 trillion won a year ago caused by the downturn in its memory semiconductor business.

samsung; Samsung expects Q2 profit to fall by more than half Had it not been for Apple, things would have been worse By Rob Thubron July 5, 2019, 7:51. Serving tech enthusiasts for over 25 years.