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 ...

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

Specifically, competition is fierce from competitors like SK Hynix and Micron. Both of these have benefited from the memory chip demand driven by AI growth in the US. Meanwhile for Samsung, it relies ...

Samsung Electronics reports a 56% drop in operating income for Q2, marking its first profit decline since 2023 due to ...

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 ...

Samsung has reported KRW 0.67 trillion ($527 million) in operating profit for the second quarter of 2023, which is just slightly higher than last quarter's.

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 forecasts a 56% decline in profits for Q2, struggling with AI demand and competition in the high-bandwidth memory chip market.

The Korean behemoth made KRW 77.2 trillion in Q2 2022, which means a 22% decline this year. However, Samsung has struggled to convert its revenue to profit at a healthy rate.

(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 Electronics recently unveiled its second-quarter earnings, revealing a notable dip in profitability that underscores the ongoing challenges within the global technology sector. The company ...

Samsung's Q2 profit halved from low memory demand Written by Cho Mu-Hyun, Contributing Writer July 30, 2019 at 6:04 p.m. PT Samsung wants to become the global top in logic chips by 2030 much like ...