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samsung quarterly profit drops 92 percent 14 year low galaxy s23 series launch chip decline continues samsung electronics

Samsung’s Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown

by Maya Ortiz
Samsung’s Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown

Samsung Electronics’ first-quarter profit is expected to plunge 92 percent to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer …

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