SEOUL— Samsung Electronics Co. ‘s fourth-quarter operating profits slumped as the company’s mainstay memory-chip and smartphone businesses grappled with a sharp drop-off in demand and… Read More »Samsung Electronics Operating Profit Falls 69% on Lower Tech Demand
Samsung’s estimated results were far below market forecasts. Photos: SeongJoon Cho/Bloomberg News SEOUL—Samsung Electronics Co. said it expects its fourth-quarter profit to plunge as the… Read More »Samsung Expects Big Drop in Profit on Slumping Tech Demand
SUWON, South Korea— Samsung Electronics Co.’s consumer gadgets chief expects demand for tech gadgets to remain sluggish through this year as high inflation, rising interest… Read More »Samsung’s Consumer-Products CEO Expects Tech Slump to Persist Through 2023
LAS VEGAS — The annual tech event known as CES returns to semi-normal status here this week, with an emphasis on virtual and augmented reality,… Read More »CES 2023: A new ‘metaverse’ headset gets early buzz as the tech industry looks to change the subject
Facebook parent Meta made its big virtual reality play last week with the launch of the company’s new high-end Quest Pro headset. But Paolo Pescatore,… Read More »Tech hype vs. reality: There’s no need to rush Meta’s Quest Pro or 8K TV into people’s hands, says analyst
By Kwanwoo Jun Samsung Electronics Co. shares fell sharply early on Tuesday as global semiconductor stocks were dragged lower by new US restrictions on advanced-tech… Read More »Samsung Electronics Shares Fall, Hurt by New US Curbs on Tech Exports to China