Samsung had a forgettable financial year in 2023. Compared to 2022, its annual profit declined by a whopping 85%. The company was hit hard by a drop in chip prices. Thankfully, the semiconductor ...

SEOUL (Reuters) - Samsung Electronics on Tuesday flagged gradual demand recovery in 2024 after reporting its highest quarterly profit so far this year, as the battered memory chip market began showing ...

Samsung Electronics is poised to report impressive results for the second quarter of 2024, driven by a recovery in the semiconductor industry. The company's operating profit surpassed KRW 10 trillion ...

The company is expecting its first-quarter operating profit to increase by 931 percent compared to the same period last year according to its latest preliminary earnings report. After 2023 shaped up ...

In light of a global economic slowdown and sluggish memory demand, Samsung Electronics projects a staggering loss exceeding KRW 13 trillion (US$10 billion) for its semiconductor-related business in ...