Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday flagged a 19-fold jump ...

Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday forecast a 19-fold jump ...

Samsung Galaxy Z Fold 8 Wide Specs and Price Revealed

The Samsung Galaxy Z Fold 8 launches July 22 for $1,800, featuring a wider design, Snapdragon 8 Elite Gen 5 processor, and ...

Samsung Galaxy Z Fold 8: Expected specs, leaks and everything it could be

Samsung is expected to launch its next-gen Galaxy Z series foldable phones later this month. Here's what we think of its new ...

One Android phone just exposed the biggest problem with US foldables

Bigger batteries, better cameras, and fewer compromises: the vivo X Fold 6 exposes the lack of innovation in US foldables.

Samsung Forecast a 19-Fold Profit Jump Today: So Why is Stock Down 6%?

Samsung forecast a 19-fold profit jump, but shares still fell over 6% as investors booked gains after a fivefold rally.
The Financial Express

Before Apple’s iPhone folds, Samsung is doubling down with Galaxy Fold 8, Galaxy Z Fold 8 Ultra

Samsung is set to launch the Galaxy Z Fold 8 and Fold 8 Ultra with redesigned displays and powerful specs ahead of Apple's ...

Samsung expects Q2 profit to surge 19-fold to a record high as AI memory boom lifts chip prices

Samsung Electronics expects a 19-fold jump in second-quarter operating profit as AI-driven demand continues to lift memory ...

Samsung DX employees are planning a rally to protest a hundred-fold disparity in bonuses

Their colleagues at the semiconductor division will get a huge cut from the high operating profit, which is expected to go up ...
KFGO

Samsung estimates 19-fold rise in Q2 operating profit, beating expectations

Samsung Electronics on Tuesday ​forecast a ‌1,810% jump in second-quarter operating profit from ‌a ​year earlier, ⁠as ...
Outlook Business

Samsung Loses $100 Bn in Market Value Despite Record Profit

Samsung Electronics flagged a 19-fold jump in second-quarter operating profit to 89.4trn won in Seoul, surpassing its combined earnings over the past three years. However, investors wiped over $100bn ...