Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025.David Paul Morris | Bloomberg | Getty ImagesSamsung Electronics on Thursday reported a second-quarter operating profit of 4.7 trillion Korean won that missed expectations, weighed by U.S. export restrictions on advanced AI chips to China.While Samsung's second-quarter operating profit beat its own forecast of around 4.6 trillion won, it was a steep drop from the 10.44 trilli...
Read more at cnbc.com