Tue, 21-Oct-2025

Samsung Electronics may face 25% decline in profits

samsung electronics

Samsung could face a 25% loss in profits on a year-over-year basis. This would be the lowest quarterly profit recorded since Q1 2021. Samsung’s mobile division could face a 17% decline in sales. Samsung Electronics Co Ltd’s (005930.KS) third-quarter profit could fall 25%, the first year-over-year loss in nearly three years, as the economy saps … Read more

Samsung forecasts near-30% jump in Q3 operating profit

Samsung

South Korean tech giant Samsung Electronics defied the global supply chain challenges to forecast a near-30-percent jump in third-quarter operating profits on Friday. The world’s biggest smartphone maker said it expected its operating profits to reach around 15.8 trillion won ($13.3 billion) in a regulatory filing, up 27.9 percent year-on-year. The company is the flagship subsidiary of the giant Samsung group, by far … Read more