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News

Samsung, profit plunge

Reuters · 19h
Samsung flags big miss in second-quarter profit, blames US AI chip curbs on China
Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales, deepening investor concerns over the tech giant's ability to revive its struggling semiconductor business.
The American Bazaar · 7h
Samsung projects a catastrophic plunge in profits due to weak AI chip sales
Samsung Electronics faces a pivotal moment in the AI chip market, battling weak profits, delayed HBM shipments, and U.S. export curbs while investing heavily to regain leadership.
Markets Insider on MSN · 16h
Samsung's brutal profit plunge shows how far the company has slipped in the chip war
Analysts have said that Samsung has been declining, losing out to competitors because of factors other than the US export restrictions.
1d
Samsung Electronics second-quarter profit likely to drop 39% on weak AI chip sales
Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by ...
4h
Samsung Profits Slump 55.9% Semiconductors A Major Problem
Days after arch rival LG posted a 47% fall in profits Samsung Electronics has posted another shock earnings result with their ...
CNET
14h
A Samsung Tri-Fold Phone Could Be Coming, According to a Leak
Ahead of Samsung's Unpacked event this week, rumors are swirling about the imminent release of a so-called "Galaxy G Fold" ...

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