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Samsung’s first quarter net profit fell 95 percent

Samsung’s first quarter net profit fell 95 percent


Samsung introduced that it skilled a 95 percent ($478 million) decline in working profit within the first three months of 2023.


ensonhaber.com

The world’s main expertise corporations proceed to announce their monetary outcomes. Now the South Korean tech big Samsungshared its monetary assertion.

Samsungasserting that it skilled a 95 percent ($478 million) decline in working profit within the first three months of 2023, stated that it had a really dangerous interval.

As well as, the corporate introduced a lack of $ 3.4 billion in reminiscence chips, which is generally the best profit.

Samsungexpects the chip division to begin to recuperate within the second half of this yr, with smartphone gross sales specifically rising.

Issues are good within the smartphone division

The profit within the smartphone division of the South Korean firm elevated by 3 percent in comparison with the earlier yr and was recorded as roughly $ 2.9 billion.

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https://www.ensonhaber.com/teknoloji/samsungun-ilk-ceyrekteki-net-kari-yuzde-95-dustu

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