Samsung Electronics apologises for disappointing profit
Samsung Electronics apologises for disappointing profit as it struggles in AI chips
Samsung Electronics warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance with the tech giant lagging its rivals in supplying high-end chips to Nvidia in the booming AI market.
Samsung Makes Rare Apology After Results Sag Despite AI Boom
Samsung Electronics Co. posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal chip division.
Samsung apologizes to investors over weak Q3 guidance, poor chip performance
Despite Samsung reporting its highest quarterly revenues in over two years, the company’s Korea-listed shares fell 1% on Tuesday. The stock is down 24% this year as Samsung has so far struggled to generate a return on its investments in artificial intelligence while several of its core businesses lose market share.
Samsung Issues Rare Apology as It Fails to Deliver AI Chips
In a rare moment of contriteness, Samsung has apologized to investors for its tanking revenues and AI chip delays.
Samsung Apologizes for Falling Behind in AI Chips Race
The South Korean tech giant’s rivals seize ground in memory and contract manufacturing
Samsung issues rare apology for weak results as it struggles in AI chips
SEOUL – Samsung Electronics issued a lengthy apology after posting disappointing results, an unusual admission by the world’s largest memory chipmaker that it is grappling with a potential crisis.
Samsung apologizes as it struggles to keep up with rivals in AI chip race
Samsung Electronics (SSNLF) has issued a rare apology after warning of weaker-than-expected third-quarter profit. Read more details here.
Samsung's Q3 profit misses estimates as it struggles in AI chips
Samsung Electronics estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short of analysts' estimates as the tech giant struggled to capitalise on strong demand for chips used in artificial intelligence servers.
Samsung apologizes for making just $6.8 billion last quarter
But Samsung now says that sales of its high-end HBM3E chips to an unidentified major customer have been delayed, allowing competitors like SK Hynix to fill the void. The company i
Samsung Issues Rare Apology For Poor Results In Tech 'Crisis'
Samsung Electronics issued a rare apology and acknowledged on Tuesday it was facing a "crisis" over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom.
Samsung Electronics apologizes for disappointing financial results
The post Samsung Electronics apologizes for disappointing financial results appeared first on Android Headlines.
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Samsung Apologizes for AI 'Crisis' As it Falls Behind Major Rivals
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Samsung issues rare apology amid job cuts, financial woes and faltering AI bet, says, ‘we have caused concerns about
Samsung Electronics, once a dominant force in the semiconductor industry, has issued a rare apology to investors, ...
Samsung says sorry for being slow to the AI party
STORY: Samsung Electronics had an apology for investors on Tuesday. The tech giant announced that its third-quarter profit ...