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

Major stock indexes edged higher Monday to kick off what will be an extraordinarily busy week of news for financial markets.

SEOUL, July 31 (Yonhap) -- Samsung Electronics Co. said Thursday that its net income plunged nearly 50 percent in the second ...

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

Samsung Electronics reported on Thursday a 55% drop in second-quarter operating profit as delays in high-bandwidth memory ...

SEOUL: South Korean tech giant Samsung Electronics' operating profit dropped by more than 50 per cent year-on-year in the ...

Samsung Electronics anticipates a gradual recovery in its chip business, despite a staggering 94% drop in Q2 operating profits influenced by shipment delays and U.S. export restrictions. With AI ...

The figures were not all doom and gloom, however, with Samsung’s Mobile eXperience division seeing revenue from smartphones ...

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same ...

Revenue rose 0.7% from a year earlier, to 74.566 trillion won. Operating profit dropped 55%, to 4.676 trillion won, as the company booked one-off inventory-value losses on unsold advanced chips due to ...

Samsung Electronics posted a 55% drop in second-quarter operating profit as delays in high-bandwidth memory (HBM) chip shipments and U.S. export restrictions on advanced semiconductor sales to China ...