Samsung Electronics Reports 34% Drop in Fourth Quarter Operating Profit: Analysis and Insights

Samsung Electronics Reports 34% Drop in Fourth Quarter Operating Profit: Analysis and Insights

2024-01-31 00:15:46 SEOUL, Jan 31 (Reuters) – Samsung Electronics reported a 34 percent drop in fourth-quarter operating profit on Wednesday as weak demand for televisions and home appliances outweighed a recovery in global chip market. The world’s top chip and smartphone maker said operating profit fell to 2.8 trillion won (2.08 billion euros) in the … Read more

The post Samsung Electronics Reports 34% Drop in Fourth Quarter Operating Profit: Analysis and Insights appeared first on Archyde.

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