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
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