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Wednesday, 26 October 2022

Samsung Q3 2022: Profits decline 23% YoY on weak chip demand

Samsung has reported its earnings for Q3 2022 that ended September 30, 2022 in which the company posted 76.78 trillion won ($54.1 billion approx.) consolidated revenue, up 4% YoY. It made an operating profit of 10.85 trillion won ($7.7 billion approx.), down 23% YoY due to decline in sales in Memory Business and demand for … Continue reading "Samsung Q3 2022: Profits decline 23% YoY on weak chip demand"

The post Samsung Q3 2022: Profits decline 23% YoY on weak chip demand first appeared on Fone Arena.