Samsung has a plan to reap more profits this year

2023 was a bad year for Samsung, as the demand for chips fell along with their prices. The company’s cash cow reported a loss for the first time in its history. As a result, Samsung Electronics’ profit was the lowest in recent years. However, things are expected to improve in the coming months, and Samsung […]

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Google’s Alphabet Q4 and FY2023 report shows flat revenue, increasing profits

Google’s parent company Alphabet posted its fourth-quarter and full year 2023 report. While far from a disaster the numbers came short of the expectations, sending the stock tumbling down 6% at time of writing. Alphabet’s revenues in Q4 were $86 billion – up 13% compared to Q4 of 2022. Meanwhile, the company’s total unaudited revenue […]

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AMD revenue of $5.8 billion for Q3 2023 with 17% increase in gross profits

What you need to know AMD announced revenue for the third quarter of 2023 of $5.8 billion AMD had a gross margin of 47%, an operating income of $224 million, and a net income of $299 million. AMD is at 9% growth in the current Q4 of 2023 or approximately $6.1 billion which was below […]

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Samsung reports low profits for Q3 2023 as semiconductor chip losses narrow

Samsung has been going through tough times due to the downturn of the semiconductor chip segment, leading to huge losses for the company. However, it looks like the company is recovering from that downturn and narrowing losses in its semiconductor chip business. Samsung has reported earnings guidance for Q3 2023, revealing better-than-expected results. Its profits […]

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Samsung profits sinks by 95% in Q2, memory chip demand improves

Following yesterday’s big Unpacked event, Samsung published its financial report for Q2 2023. The results are on par with the previously posted guidance and show yet another gradual decline compared to the values from a year ago. Revenues for the April, May and June months totaled KRW 60.01 trillion ($46.89 billion) which is a 22% […]

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Samsung guidance reveals plummeting profits in Q2 2023

Samsung Electronics posted its quarterly guidance ahead of the release of its detailed fiscal report, and for the second quarter in a row the Korean company expects a drastic decline in profits. The consolidated figures show an operating profit of KRW0.5-0.7 billion ($455 million), which is over 95% less than the same period last year. […]

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Samsung enregistre de gros profits grâce aux Galaxy Tab, les tablettes redeviennent populaires

Samsung aurait enregistré des profits record sur le segment des tablettes, un marché pourtant en crise. Crédit : Samsung Selon Revegnus, Samsung a enregistré ses plus gros profits trimestriels grâce à ses tablettes numériques. Il affirme que « Samsung a enregistré une marge d’exploitation de 300 milliards de wons au premier trimestre de cette année […]

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Samsung posts solid smartphone sales in Q1, but overall profits plummet

Samsung published its financial report for Q1 2023, and as the guidance warned profits plummeted to levels unseen in the past 15 years. Operating profit between January and March went down 18% YoY, while profit shrank from KRW 14.12 trillion to KRW 0.64 trillion – a stunning drop of 95%. Samsung is expecting global demand […]

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Samsung’s profits decline by a massive 95% on weak chip demand

The global semiconductor demand has remained weak over the past year and that has significantly affected Samsung’s ability to turn a decent profit. The firm’s semiconductor division is its biggest cash cow and when it’s under pressure, the effects are visible on the company’s bottom line. Samsung has announced its Q1 2023 earnings today and […]

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Samsung Q1 earnings guidance reveals plummeting profits

Samsung posted its Q1 earnings guidance, and it shows results bleaker than anything we’ve seen in over a decade. Sales will be between KRW 62-64 trillion (about $48 billion), 10% down QoQ and almost 20% down on a yearly basis. Operating profit will be just about KRW 0.5-0.7 trillion ($455 million), which is a six-fold […]

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Pétrole, profits, politique: TotalEnergies, l’entreprise qui déchaîne les passions – Le Figaro

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Samsung posts record revenue in 2022, but dwindling profits

Samsung published its financial results for the final quarter of 2022 and the fiscal year, and once again, it managed to reach record revenue for the full 12 months – KRW 302.23 trillion (about $244 billion). This is an 8% increase compared with 2021; however, operating profit was KRW 43.38 trillion, 15% less than it […]

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Samsung Q4 earnings guidance warns of plummeting profits

Samsung Electronics published its earnings guidance report for Q4 2022 and the preliminary numbers are not looking good. Samsung reported a consolidated operating profit estimate of KRW 4.3 trillion ($3.38 billion) for the October-December quarter. The figure represents a 69% dip compared to Q4 2021 values. The estimated Q4 profit would be Samsung’s lowest since […]

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DIRECT. Crise de l’énergie : “J’en ai assez que des gens fassent des profits excessifs”, affirme Emmanuel M… – franceinfo

Retrouvez ici l’intégralité de notre live #ENERGIE 18h12 : Le ministre de l’Economie, Bruno Le Maire, et la ministre de la Transition énergétique, Agnès Pannier-Runacher, rencontreront à nouveau les fournisseurs d’énergie demain à 16 heures, a appris franceinfo auprès de Bercy. 18h10 : 18 heures, faisons un nouveau point sur l’actualité de la journée : […]

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Samsung profits could hit their lowest point in six years this quarter

No business is immune to the global macroeconomic environment and despite being sufficiently diversified, Samsung isn’t insulated from the challenges either. The company’s recent quarterly results have reflected the challenges that it continues to face in the market. There’s consensus among experts that it’s only going to get worse before it gets better. Samsung is […]

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Samsung expects profits from semiconductor business to be halved in 2023

Samsung’s Device Solutions (DS) division, which operates Samsung Foundry, System LSI, and Memory Division, is expecting its operating profit in 2023 to be around KRW 13.1 trillion, reports South Korean publication The Elec. Reportedly, the figure was shared by the company in a note sent to its employees on Wednesday. While 2023 is looking bad […]

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Samsung’s Q3 profits could mark the company’s first YoY decline in years

Market watchers expect Samsung’s profit in Q3 to drop 25% as chip sales continue to decline and consumer electronics demand dwindles. Analysts predict that Samsung is about to experience its first year-on-year quarterly decline in almost three years. Twentytwo market analysts cited by Refinitiv SmartEstimate (via Reuters) say that operating profit for Samsung likely dropped […]

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Inflation: Élisabeth Borne «ne ferme pas la porte» à une taxation des «super profits» des entreprises – Le Figaro

La première ministre, interviewée par Le Parisien, a également annoncé la création d’un fonds vert de 1,5 milliard d’euros pour aider les collectivités à lutter contre le changement climatique. «Il ne s’agit pas de promettre du sang et des larmes, mais c’est important que chacun soit conscient de la gravité du moment», avertit Élisabeth Borne […]

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Inflation: pour Borne, “les entreprises qui font des super profits doivent rendre du pouvoir d’achat aux… – BFM Business

Dans une interview donnée au Parisien, publiée ce samedi, la Première ministre explique de ne pas “fermer la porte” à une taxation des super profits des entreprises. Élisabeth Borne a affirmé ce samedi dans Le Parisien ne pas “fermer la porte” à une taxation des “super profits” des entreprises, tout en préférant que l’entreprise qui […]

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Apple isn’t making foldable iPhones yet because the profits just aren’t there

As Samsung establishes its utter dominance in the foldable smartphone market, many are wondering if and when Apple is going to have an answer. There have been some rumors about foldable iPhones but evidently, they’ve not amounted to much. Industry insiders are of the view that Apple isn’t betting on foldables just yet due to […]

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