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Samsung's preliminary Q4 profit falls far short of estimates
Samsung: Q4 profit to fall short of expectations
Samsung Electronics estimates its 2024 fourth-quarter operating profit will fall well short of market expectations. The South Korean firm blames weak demand for PCs and other mobile products, among other factors.
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia .
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the previous quarter, falling short of expectations as the company struggled to meet robust demand for chips used in artificial intelligence servers.
Analytics Insight
1h
Top Tech News: AI Chip Market Struggles Hit Samsung's Q4 Guidance; Superhero Capital Launches Fund for Tech Startups in Finland
Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: AI Chip Market Struggles ...
20h
Samsung Electronics announces guidance for Q4 2024
The results are higher than Q4 2023 with an increase in sales and operating profit. In October, Samsung posted an impressive ...
2d
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay
Samsung Electronics , the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to ...
18h
Samsung's Outlook Dims Amid HBM Supply Struggles for Nvidia and Sluggish Consumer Chip Sales
Samsung Electronics expects lower operating profit due to R&D costs and weak demand for memory chips. Nvidia approves Samsung ...
1d
Samsung forecasts Q4 profit miss amid struggle to supply Nvidia with AI chips
Samsung said in its third-quarter earnings report that it was making progress in its efforts to supply high-bandwidth memory ...
Nikkei Asia
1d
Samsung's Q4 profit tumbles 30% amid memory downturn, labor costs
SEOUL -- Samsung Electronics' operating profit fell by 29.2% to 6.5 trillion won ($4.5 billion) in the fourth quarter from ...
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