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Samsung blames 'one-off costs'
Samsung's Q3 profit from chips remains at $2.8 bil., as non-memory biz declines
Samsung Electronics’ operating profit from its semiconductor business in the third quarter of this year stood at 3.86 trillion won ($2.8 billion), falling short of the 4 trillion won expected by analysts.
Samsung blames 'one-off costs' as Q3 chip profits plummet 40%
Unexpected expenses in semiconductor division overshadow revenue gains Samsung Electronics is blaming a quarter-on-quarter plunge in operating profits in its chips division on costs incurred, and says it intends to focus on "high value-added products" for the rest of 2024.
Samsung Q3 operating profits soar to $6.6 bn, miss forecast
South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in
Samsung’s Q3 2024 profits soar YoY despite chip woes
Samsung has reported its earnings for Q3 2024 that ended September 30, 2024 in which the company posted 79.1 trillion won (USD 57.34 billion approx.) consolidated revenue, up 17.35% YoY, and up 6.79% QoQ, slightly above its own expectations.
Samsung's Q3 Profits Surge 277% Amid AI Chip Demand
Samsung's semiconductor division reported an operating income of 3.86 trillion won ($2.8 billion) this year, a 40% decrease from the second quarter's 6.45 trillion won ($4.67 billion). Despite this decline,
Samsung narrows lead over Apple in Q3
Samsung's lead over Apple diminished significantly in the third quarter as competition in the smartphone market heats up.
7h
Samsung closes gap with Apple in the tablet market after securing second place
Samsung became the second-leading tablet seller in Q3 2024. It appears its low-end models were the biggest contributors to the increase in sales. The company experienced an 18.3% rise compared to the ...
4d
Samsung revenues improved in Q3 despite underwhelming phone sales
The memory division was the star performer for a second quarter in a row. Samsung posted its financial results for ...
4d
on MSN
Samsung Q3 sales rise on high-end memory chips; signals progress with major customer for AI chip
Samsung Electronics' (SSNLF) said it plans to focus on producing high-end chips and was making progress on an supply deal ...
11h
Samsung could release a Galaxy Z Flip FE next year
We've seen a few mid-range Flip phones in recent times, but it looks like Samsung could reveal a Galaxy Z Flip FE next year.
18h
Worldwide Tablet Shipments Saw 20.4 Percent YoY Growth in Q3 2024: IDC
Tablet shipments worldwide grew by 20.4 percent year-over-year in the third quarter (Q3) of 2024, with shipments totalling 39 ...
1d
Samsung, Apple lead global smartphone market; record shipment of 310 million units in Q3 2024: Canalys
Canalys has reported a sharp 5 per cent year-on-year growth in global smartphone shipments in
Q3
2024, with the total ...
3d
Samsung XR hardware looks on track for a 2025 release — but just what are we going to get?
Samsung's preparing to support new XR hardware in 2025, and we're starting to narrow down what form that might take.
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