Samsung Flags 32 Percent Drop in Q3 Profits Amid Lower Demand for Electronics, Memory Chips

Samsung on Friday flagged a 32 percent drop in Q4 operating earnings, amid a fall in demand for electronic devices and memory chips, amid an economic downturn. The company's shipments of memory chips were expected to be below downgraded expectations from analysts, with priced expected to fall even further in Q4 2022. Samsung is currently not discussing a memory chip p...

from Gadgets 360 https://ift.tt/oP7ZFM6