In the June quarter, the company’s operating profit dropped by a sharper-than-expected 56 per cent, largely due to inventory write downs triggered by U.S. export restrictions on AI chips destined for ...

SK Hynix flagged plans to boost spending this year after posting on Thursday a record quarterly profit, as the Nvidia ...

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

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 ...

SEOUL, July 24 (Yonhap) -- Samsung SDS Co., the IT service arm of Samsung Group, said Thursday its second-quarter net profit declined 7.6 percent from a year earlier, mainly due to one-off costs.

SK Hynix Inc (KS:000660), a key memory chip supplier to Nvidia, posted record second-quarter earnings fueled by booming ...

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 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; 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.