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Samsung's Q3 profit misses estimates
Samsung apologizes to investors over weak Q3 guidance, poor chip performance
When the Korean appliance and electronics giant announced weaker than expected guidance on Tuesday for Q3 earnings, vice chairman Young Hyun Jun addressed the results in a forthright letter to customers,
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 Q3 profit jumps 274%, but misses estimates; tech giant apologizes for lagging behind in AI chip market
Samsung Electronics reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.
Datacenter Dynamics
1d
Samsung issues apology ahead of Q3 2024 results; quashes foundry spin off rumors
Samsung Electronics has issued an apology after the company released disappointing preliminary Q3 2024 results. Although the ...
DPA International on MSN
1d
Samsung's Q3 guidance disappoints market, stock drops
Samsung's third quarter earnings guidance showed a consolidated operating profit of about 9.1 trillion won ($6.74 billion), ...
EconoTimes
2d
Samsung's Q3 Profits Expected to Jump 4X on Chip Demand, but AI Chip Lag Raises Concerns
Samsung Electronics is projected to report a four-fold increase in Q3 operating profit due to recovering chip demand. However ...
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