Samsung forecasts a 56% decline in profits for Q2, struggling with AI demand and competition in the high-bandwidth memory chip market.

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

Samsung saw Q2  semiconductor profit fall 56% y-o-y and 31% q-o-q to $3.34 billion. Continued losses in the foundry business, delays in delivering HBM, ...

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak ...

Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. Samsung ...

US chip curbs and HBM3E delays dent profit forecast Samsung Electronics stunned markets by forecasting a 56 per cent plunge ...

STORY: Samsung warned Tuesday (July 8) that it is set to miss earnings targets by a wide margin.The South Korean giant projected a 56% plunge in second-quarter operating profit, far worse than ...

Samsung Electronics expects a rebound in demand and sales of premium high bandwidth memory (HBM) chips, despite reports that ...

Samsung forecasts a 55.9 per cent fall in Q2 profit due to weak chip demand, US trade curbs, and inventory costs. Q3 recovery expected with higher HBM demand and improved foundry utilisation.

Analysts have said that Samsung has been declining, losing out to competitors because of factors other than the US export ...

Semiconductor and smartphone giant Samsung Electronic Co. Ltd. said on Tuesday morning in South Korea that it’s anticipating ...

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak ...