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 ...

Samsung faces 56% profit decline in Q2 due to struggles with AI demand. Samsung's second-quarter profits are set to fall 56%, impacted by weak demand for memory chips crucial for AI tech.

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.

(RTTNews) - Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) expects that its second-quarter operating profit will drop about 55.94 percent from last year. The company projects quarterly ...

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.

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 ...

Samsung Flags Big Miss in Q2 Profit, ... Revenue would likely fall 0.1% to 74 trillion won from a year earlier, ... Analysts said they expect Samsung's profit to improve gradually, ...

SEOUL (Reuters) -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 ...