Search for Samsung Profits Drop For Fifth Straight Quarter, Company Blames Tough Mobile Business Environment on Bing

Samsung Electronics offered a downbeat outlook for the third quarter after April-June profit dropped on a supply shortage for one of its main smartphone models, underscoring continued headwinds for the tech giant. Samsung remained the world’s top smartphone seller in the second quarter, but investors and analysts say the South Korean firm’s inability to meet demand for its curved-screen S6 edge smartphones likely cost the firm in April-June.

BING NEWS:
  • Samsung Expects Tenfold Jump in Quarterly Profit Despite Chip Business Challenges
    Samsung believes that the first quarter of the year it will show a huge increase in its operating profit that will be more than tenfold than their official prediction. Nevertheless, an outlook of 1.3% ...
    04/7/2024 - 10:03 am | View Link
  • Samsung flags 10-fold rise in first-quarter profit as chip prices recover
    Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago when there was a ...
    04/4/2024 - 4:18 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News