Samsung Witnesses a Whopping 40% QoQ Decline In Semiconductor Profits, As They Struggle To Capitalize On AI Boom ...Middle East

Samsung Foundry has witnessed a massive blow, as the division reports a whopping 40% QoQ decline in profitability, creating massive troubles for the Korean giant. Samsung's DS Division Reports Dwindling Economic Conditions, Yet Future Ambitions Indicate A "Comeback" Samsung's financial troubles aren't finishing just yet, as after reporting a massive strike to its HBM business, the Korean giant is now facing dwindling economic conditions with its semiconductor division, as the firm's Q3 2024 earnings report reveals that Samsung's DS department has reported quarterly operating profits at KRW 3.86 trillion, coming in less than the expected KRW 4.2 trillion. The main […]

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