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Apr
Samsung Q1 Profit Plummets 21%: AI Chip Shortfall & Foundry Losses Drag Earnings
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News Editor / 5 months
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- 1 min read
Samsung Electronics (005930.KS) reported a steeper-than-expected 21% drop in Q1 operating profit to ₩6.3 trillion ($4.6B), missing analyst estimates of ₩7.1 trillion, as its AI chip division underperformed and foundry losses mounted. Key Pain Points: AI Chip Miss: HBM3 memory sales lagged behind SK Hynix despite 300% industry demand growth Foundry Troubles: $700M loss in […]