Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus ...

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a ...

Samsung’s Q2 chip profit was down 94% y-o-y at $288 million on sales of $20 billion. In Q2 2024, the profit was $4.7 billion. The foundry business is ...

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

SEOUL: As South Korea and the United States reached an agreement on tariffs on Wednesday (July 30), attention is turning to ...

Samsung forecast a gradual second-half recovery for its semiconductor business after Q2 operating profit at the division ...

Profit fell after Samsung’s foundry arm booked a one-time inventory cost as export controls led to unsold AI chips.

Crucial contract requires South Korean semiconductor business to address production issues and corporate culture ...

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...

Samsung Foundry has secured an eight-year, US$16.5 billion contract to manufacture Tesla's next-generation AI6 chip. The move ...

Samsung Electronics said on Thursday a trade deal that will see Washington charge 15% tariffs on imports from South Korea ...

Samsung’s semiconductor division posted a much lower-than-expected profit of $288 million due to foundry losses and US export ...