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Samsung Electronics predicts Q2 profit to plunge 96%, hitting 14-year low

Samsung Electronics has predicted an operating profit of 600 billion won ($458.5 million) for the April-June period, a 96 percent plunge to what would be the lowest quarterly earnings in 14 years, amid a severe global downturn in the chip industry. Releasing its earnings guidance on Friday for the second quarter this year, the tech giant said its consolidated sales is expected to be approximately 60 trillion won, dow. ....

Yonhap Infomax , Kyung Kye Hyun , Samsung Electronics , Consumer Electronics Division , Experience Division , Samsung Device Solution Division , Device Solution Division , Kim Dong Won , High Bandwidth Memory , Double Data Rate ,

Samsung Electronics to unveil world's first 3nm chips on July 25

Samsung Electronics is all set to unveil the world s most advanced semiconductor, the 3nm chip on July 25 in a launching ceremony at Hwaseong. - SamMobile ....

South Korea , Kyonggi Do , Lee Chang Yang , Kyung Kye Hyun , Samsung Device Solution Division , Samsung Electronics , Pulse News Korea , Device Solution ,