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Q4, Samsung
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia .
Samsung's preliminary Q4 profit rises 130% Y/Y, but misses estimates
Samsung Electronics (OTCPK:SSNLF) released an operating profit estimate of about 6.5T won (around $4.47B) for the fourth quarter of 2024, which was seen below analysts' estimates. Shares of the company rose about 3% on the Korea Exchange on Wednesday.
Samsung posts weak Q4 profits amid struggles with AI memory chip
Samsung Electronics is taking heat after posting a weak ₩6.5 trillion ($4.5 billion) operating profit for Q4 2024.
Samsung’s Q4 profits fall short amid weak memory demand and price declines
Samsung Electronics reported an operating profit of approximately 6.5 trillion won ($4.4 billion) for the fourth quarter of 2024, significantly below analysts’ earlier projections of $5.8 billion. This marks a steep decline from the $8.
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2d
Samsung Electronics Eyes AI to Propel Growth Amid Leadership Changes
Samsung Electronics has made headlines with its recent leadership reshuffle, positioning Jun Young-hyun as co-CEO and the ...
2d
Samsung is launching a hardware subscription plan like the one Apple canceled
Samsung will introduce a hardware subscription model that might cover devices like the Galaxy S25 and other products.
1d
Samsung's latest fridge uses AI to keep your food fresh for longer — here's how
Samsung has unveiled its latest refrigerator range with AI Hybrid Cooling technology at CES 2025. The range is expected to ...
4d
on MSN
Samsung Electronics CEO wants to build an 'AI-driven company'
Jong-hee Han, Vice Chairman, CEO and Head of Device eXperience (DX) Division Samsung Electronics discusses about the recent ...
조선일보
3d
Samsung Electronics retains top spot as global semiconductor market grows 17%
In the memory institutional sector, Samsung Electronics, SK Hynix, and Micron all increased their sales by double digits ...
Digi Times
1d
Samsung bets on AI image sensors to challenge Sony's iPhone grip
Samsung Electronics is launching a major overhaul of its struggling System LSI Division to capitalize on artificial ...
3d
Samsung Warns Fourth-quarter Profit To Miss Forecasts
South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter ...
조선일보
3d
Samsung Electronics rallies 3% as Jensen Huang reassures HBM supply
Samsung Electronics rallies 3% as Jensen Huang reassures HBM supply Jensen Huangs comments lift Samsung Electronics stock ...
3d
Samsung Electronics announces guidance for Q4 2024
The results are higher than Q4 2023 with an increase in sales and operating profit. In October, Samsung posted an impressive ...
4d
on MSN
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global ...
중앙일보
3d
Samsung Electronics confirms subscription model for Galaxy phones, Ballie
Samsung Electronics plans to launch a subscription service for mobile devices. CEO Han Jong-hee highlighted challenges in M&A ...
2d
Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss
Samsung Electronics Co.’s shares rose after Nvidia Corp. founder Jensen Huang expressed confidence in the Korean company’s ...
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