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.
Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to ...
Samsung Electronics forecast a continued slowdown in quarterly earnings growth that widely missed market expectations, admitting that its core memory-chip and smartphone businesses remained lackluster ...