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Samsung, profit plunge

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.

Financial Times · 19h

Samsung profits take big hit from US chip controls and AI memory shortfalls

China export restrictions affect foundry business while Nvidia has yet to approve tech group’s advanced products

Markets Insider on MSN · 17h

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 ...

5h

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 ...

18hon MSN

Samsung One UI 8.5 update: release date, eligible devices, and new features

Here's everything you need to know about Samsung's One UI 8.5 update, including the release date, eligible devices, and new ...

China aims to be the next leader in smartphones - CBS News

Samsung saw its market share decline in 2015, while Apple forecast its first revenue decline in over 13 years. Both will have to do more to prove the value of the extra dollars their customers pay.

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" ...

Yonhap News (English) on MSN1d

(2nd LD) Samsung Electronics estimates 56 pct drop in Q2 operating profit on chip slump, U.S. trade policies

Q2 earnings guidance SEOUL, July 8 (Yonhap) -- Samsung Electronics Co. on Tuesday estimated its second-quarter operating ...

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