Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far. Its chip business struggled with weak sales of ...

SK Hynix is making record profits due to the increasing demand for AI chips, particularly from Nvidia. This performance has ...

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

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.

(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 ...

(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.

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.

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 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.

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'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 ...

Samsung has been struggling over the past few months, and in Q2 2023, the company faced a 95% drop in profits for the second quarter in a row.