Samsung expects 96% fall in profit in Q2 2023, its worst since 2009

Samsung Electronics expects a 96% profit plunge in the second quarter (Q2) of 2023 amidst a weak demand for memory chips. It’s the second quarter in a row that the South Korean firm is expecting a significant regress in its financial gains. Having seen worse financial returns in the first quarter of 2023 already, Samsung is headed […]

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