Samsung quarterly profit set to slump 25 percent

By
Follow google news

First decline in nearly three years.

Samsung quarterly profit set to slump 25 percent
Samsung's third-quarter profit could tumble 25 percent, the first year-on-year decline in nearly three years, as an economic downturn saps demand for electronic devices and the chips that power them. Globally, inflation is on the rise, central banks are aggressively hiking interest rates, ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardwarerussiasamsungsemiconductorssmartphonesstrategyukraine war

SPONSORED RESOURCES

AI Security Readiness
AI Security Readiness
Forcepoint AI Data Security
Forcepoint AI Data Security
ITIL® AI Governance
ITIL® AI Governance
2026 Wasabi Global Cloud Storage Index
2026 Wasabi Global Cloud Storage Index
The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond
The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond

Events

Most Read Articles

DFAT flags "multi-year investment" in its technology operations

DFAT flags "multi-year investment" in its technology operations
NSW govt pledges to introduce mandatory data breach reporting

NSW govt pledges to introduce mandatory data breach reporting
ANZ Banking Group has a new tech strategy

ANZ Banking Group has a new tech strategy
Goodman to move ahead with Gore Hill data centre

Goodman to move ahead with Gore Hill data centre
techpartner.news logo
ConnectWise CEO Manny Rivelo says Predictive IT strategy is seeing 'great momentum'
ConnectWise CEO Manny Rivelo says Predictive IT strategy is seeing 'great momentum'
First Focus acquires Wellington MSP Resolve Technology
First Focus acquires Wellington MSP Resolve Technology
Kinetic IT appoints Meg Santos as head of service integration
Kinetic IT appoints Meg Santos as head of service integration
Evergreen's Pine Services Group acquires Melbourne-based Microsoft partner
Evergreen's Pine Services Group acquires Melbourne-based Microsoft partner
Activeport reports revenue growth across all divisions after restructure
Activeport reports revenue growth across all divisions after restructure

Log In

  |  Forgot your password?