Samsung Electronics on Friday said its first-quarter operating profit likely nose-dived nearly 96 percent from a year earlier due to a sharp drop in demand for chips and home appliances amid recession fears.
14-Yr Low Operating Profit Prompts Output Reduction for Samsung Electronics kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.
Samsung Electronics on Friday said it has cut memory production in the short term, as its quarterly profit plunged significantly (likely 96 per cent) amid the chip downturn, in a sharp departure from its previous position that it would not .
Strong Galaxy S23 Sales Assessed to have Staunched Samsung s Deficit kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.
Samsung Electronics cuts memory output as Q1 profit likely drops 96 pct on weak demand – The Korea Times koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.