Samsung Profits
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Samsung's Profits Plunge Over 95% Due To Low Demand
Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips.
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Samsung Sees Coronavirus Hit Sales of Smartphones, TVs, Expects Further Fall in Q2
Samsung Electronics said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid.
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Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit
Samsung, the world's biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels.
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Samsung Reports Jump in Q4 Profits as Record Chip Earnings Mask Galaxy Note 7 Failure
In a conference call, Samsung gave a preview of its mobile business plan for the year.
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Samsung Posts 30 Percent Drop in Profits on Galaxy Note 7 Debacle
The profit slump was in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off the Galaxy Note 7.
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Nokia D1C Android Device, Samsung's $5.3 Billion Note, Uber Raises Fares, and More: Your 360 Daily
In other news, Nokia's 'Android phone' may not be a phone after all, and Indian hackers continue to dominate Facebook's bug bounty programme.
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Samsung Sees Further $3 Billion Profit Hit From Note 7 Crisis
Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.
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Samsung Electronics Forecasts 25 Percent Fall in Q2 Operating Profit
Operating profit was estimated at KRW 7.2 trillion ($7.1 billion) for the April-June period, compared to KRW 9.53 trillion a year ago.
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Samsung, Apple agonise over smartphone profit margins
Under pressure to make their high-end phones more affordable to revive sales, this may spell trouble for already-softening margins.
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Samsung's Profits Plunge Over 95% Due To Low Demand
Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips.
-
Samsung Sees Coronavirus Hit Sales of Smartphones, TVs, Expects Further Fall in Q2
Samsung Electronics said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid.
-
Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit
Samsung, the world's biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels.
-
Samsung Reports Jump in Q4 Profits as Record Chip Earnings Mask Galaxy Note 7 Failure
In a conference call, Samsung gave a preview of its mobile business plan for the year.
-
Samsung Posts 30 Percent Drop in Profits on Galaxy Note 7 Debacle
The profit slump was in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off the Galaxy Note 7.
-
Nokia D1C Android Device, Samsung's $5.3 Billion Note, Uber Raises Fares, and More: Your 360 Daily
In other news, Nokia's 'Android phone' may not be a phone after all, and Indian hackers continue to dominate Facebook's bug bounty programme.
-
Samsung Sees Further $3 Billion Profit Hit From Note 7 Crisis
Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.
-
Samsung Electronics Forecasts 25 Percent Fall in Q2 Operating Profit
Operating profit was estimated at KRW 7.2 trillion ($7.1 billion) for the April-June period, compared to KRW 9.53 trillion a year ago.
-
Samsung, Apple agonise over smartphone profit margins
Under pressure to make their high-end phones more affordable to revive sales, this may spell trouble for already-softening margins.
