Samsung Electronics apologises for disappointing profit
Samsung Apologized for Its Profit. Why It Is Losing to SK Hynix and Micron.
Normally a company reporting a nearly fourfold increase in its operating profit is a cause for celebration. Not so for Samsung Electronics, which accompanied its profit forecast on Tuesday with an apology.
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 Expects Sharp Slowdown in Third-Quarter Profit Growth
Samsung Electronics expects third-quarter earnings growth to slow sharply, hurt in part by China’s oversupply of lower-end chips eating into its semiconductor margins.
Samsung apologizes after missing third-quarter profit expectations
Samsung’s Vice Chairman, Jun Young-hyun, the new head of the company’s Device Solutions Division, issued a rare apology on Tuesday following the company’s disappointing third-quarter profit guidance.
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.
(4th LD) Samsung's Q3 profit misses expectations on lackluster performance in AI chips
Q3 earnings guidance SEOUL, Oct. 8 (Yonhap) -- Samsung Electronics Co. on Tuesday estimated its third-quarter operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence computing.
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